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Army

Court: Lockheed Martin Was Unlikely To Prevail In JLTV Lawsuit Against Army

Friday, February 19th, 2016

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Court: Lockheed Martin Was Unlikely To Prevail In JLTV Lawsuit Against Army

JLTV Photo: Oshkosh Defense

Lockheed Martin [LMT] likely knew its case against the Joint Light Tactical Vehicle (JLTV) contract award to Oshkosh [OSK] was doomed a week before it voluntarily abandoned the five-month contest, according to court documents.The lawsuit challenging the Army’s decision was withdrawn by Lockheed Martin on Wednesday, but court documents continue to trickle into the public record. A ruling on Lockheed Martin’s motion for preliminary injunction released Feb. 19 shows a federal judge essentially dismantled Lockheed Martin’s case a week ago.The…

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 […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]