Pentagon
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Pentagon
As Some Top Defense Companies Stay Mum, Lockheed Martin Says It Will Abide by Trump Executive Order on DEI
A number of top defense companies, including Northrop Grumman [NOC], RTX [RTX], and L3Harris Technologies [LHX] have been mum on President Trump’s “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” executive […]
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Air Force
Pentagon Wants to Speed Parts Repair for F-35 As Part of Sustainment Cost Reduction
As the Pentagon prepares to hand over contractor sustainment of the Lockheed Martin [LMT] F-35 to the Air Force and the Department of the Navy by the latter part of […]
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Business/Financial
Kubasik All In On DOGE, Offers Recommendations To Ease DoD Regulations, Speed Acquisitions
Lauding what he says were successes of the first Trump administration to streamline the Pentagon’s bureaucracy, L3Harris Technologies [LHX] Chairman and CEO Chris Kubasik this week offered recommendations to the […]
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Congress
SecDef Nom Hegseth Spars With Dems, Offers Acquisition Reform View At Contentious Hearing
At his confirmation hearing on Tuesday where he faced Democratic scrutiny over his sexual assault allegations and prior comments, Defense Secretary nominee Pete Hegseth offered a view into his plans […]
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Pentagon
Out Of Time, Biden Drops Bid To Require Contractors To Disclose Greenhouse Gas Emissions
The Biden administration on Monday withdrew a proposal that would have required major federal contractors to report their greenhouse gas (GHG) emissions and those of their suppliers as a condition […]
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Congress
Wicker Bill Has Provisions Favoring Non-Traditional Defense Companies
The bill introduced by Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Dec. 19th contains provisions that may favor defense start-ups and non-traditional defense contractors, such as Palantir […]
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Advanced / Transformational Technology
Rocket Lab To Supply HASTE Suborbital Launch Vehicle As Part Of New Hypersonic Test Effort
Rocket Lab [RKLB], one of the subcontractors to Kratos Defense & Security Solutions [KTOS] under a new $1.5 billion contract to continue to provide the Defense Department with affordable hypersonic […]
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Congress
New SASC Chair Wicker Details Extensive Proposal For Reforming DoD Acquisition
The new chair of the Senate Armed Services Committee has detailed a wide-ranging proposal for improving the Pentagon’s acquisition process, to include “aggressively” cutting regulations, reducing reliance on cost-plus contracts […]
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Pentagon
DoD’s Office Of Strategic Capital Issues New Investment Strategy With Focus On Credit To Key Tech Areas
The Defense Department’s Office of Strategic Capital (OSC) on Thursday issued its investment strategy for fiscal year 2025, taking advantage of new authorities allowing it to provide loans and loan […]
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Pentagon
Trump Taps Silicon Valley Veteran To Lead DoD’s R&E Office
President-elect Donald Trump before Christmas said he would nominate an investor, executive, and adviser to different startup companies, including the disruptive ridesharing company Uber Technologies [UBER] and space company SpaceX, […]