Aerospace Group:

Business/Financial

Contracts

DDN

Monday, July 21st, 2008

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ATK, Lockheed, Northrop Join To Pursue Multi-Role Weapons Contracts Alliant Techsystems Inc. [ATK], Lockheed Martin Corp. [LMT] and Northrop Grumman Corp. [NOC] announced they signed a teaming agreement to jointly pursue the emerging market for advanced capability multi-role missiles able to provide both air-to-air and air-to-ground capabilities. Those companies aim to pool their expertise on sensors, automatic target recognition, guidance navigation and control, air vehicles, propulsion, lethality, survivability, mission planning, platform integration, system engineering, and program management. As the F-22…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]