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Boeing, Lockheed Martin To Join Forces In Bid To Make Next Generation Bomber

By Jen DiMascio The nation's two largest defense contractors--Boeing [BA] and Lockheed Martin [LMT]--are expected to announce today that they will join forces in an effort to make the Air Force's next generation of bomber aircraft, according to informed sources. Senior Air Force officials have said the service can field a new bomber by 2018--although it will have to begin as a basic model that will receive subsequent upgrades. "It won't be the Cadillac version because this is not required,"…

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Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]