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Business/Financial

Boeing Unit Advances, But Earnings From United Launch Alliance A Drag

DDN

Monday, April 27th, 2009

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The Boeing Co. [BA] saw its network and space systems unit advance operating margin profit by 7.7 percent, but lower earnings from the United Launch Alliance joint venture with Lockheed Martin Corp. [LMT] dulled the performance, Boeing announced. The company, the second-largest defense contractor, released its results for the January-March quarter of this year. Further, year-earlier results included a favorable settlement on a satellite program. Boeing also was wary in commenting on Secretary of Defense Robert Gates' proposed defense budget…

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 […]