:

Ballistic Missile Defense Programs Comprise 10 Percent Of Lockheed Revenues

DDN

Thursday, August 21st, 2008

SHARE:

Sales of ballistic missile defense systems and components have grown to make up 10 percent of the revenues in Lockheed Martin [LMT], the largest defense contractor, a senior official said yesterday. "About 10 percent of our sales last year were in the missile defense" area, according to John Holly, vice president of Lockheed operations at Huntsville, Ala., briefing defense journalists at the National Press Club. As the Navy increases the size of its fleet equipped with the Aegis missile defense…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]