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Contracts

Lockheed Gains $357 Million Hellfire II Production Contract The Army gave Lockheed Martin Corp. [LMT] a $357 million deal to produce more Hellfire missiles, the company announced today. They will go to U.S. and allied forces, with delivery beginning in 2010, and contract options possible in 2009 and 2010 that could extend full-rate production through 2013. The contract also provides options for major additional orders in 2009 and 2010. If exercised, the options will sustain full-rate production through 2013. Options…

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Congress Updates

Trump Urges Senate To Move ‘Immediately’ On $350 Billion Defense Reconciliation Bill In Lame Duck

President Trump on Thursday urged Senate leadership to move “IMMEDIATELY” on a reconciliation bill that would include $350 billion for defense. The call arrives as Republicans navigate a lame duck […]


House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]


Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid.  Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]


No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]