Budget

The Air Force said Wednesday it awarded BAE Systems an eight year, $535 million contract for Minuteman III ICBM sustainment. The Air Force said three offers were received for the […]

Northrop Grumman [NOC] said Wednesday it won a high-profile competition an analyst valued at exceeding $2 billion to upgrade the radars of both the United States’ and Taiwan’s F-16s fighter […]

The No. 2 Pentagon official said he is worried about the defense industrial base after reviewing the military’s future funding options. Senior defense officials told a House panel Thursday that […]

NASA successfully completed the Space Launch System (SLS) preliminary design review (PDR) Wednesday, a major milestone in its effort to build the United States’ next heavy-lift launch vehicle. Senior experts […]

The Senate Appropriations Committee (SAC) approved a $516.4 billion Pentagon budget bill Thursday by a 22-8 vote, just as Congress prepared to leave Washington for five weeks and return less […]

B-52 pilots are facing yet another 20 percent cut in flying hours due to sequestration budget cuts after previously enduring a 20 percent reduction over a decade spanning 2000 to […]

The Air Force is assessing a new approach to national security space launches in an era of declining defense budgets. The Air Force sought information from industry for its assessment […]

Pentagon leaders unveiled on Wednesday the findings of their multi-month review of the potential impacts of sequestration budget cuts, offering competing plans for cutting either troops or high-end equipment. Defense […]

Lockheed Martin [LMT] said yesterday it reached an agreement in principle with the Defense Department on a new batch of 71 F-35 Joint Strike Fighters, Lots 6 and 7, with […]

The Air Force Monday awarded six companies portions of a $960 million contract for Network-Centric Solutions-2 (NETCENTS-2) application services, according to a Defense Department statement. Lockheed Martin [LMT], Jacobs Technology […]