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General

Defense Watch: COVID Impact on Defense Work, Leidos Payment, Hill Schedule

Defense Daily Staff

Friday, May 29th, 2020

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Defense Watch: COVID Impact on Defense Work, Leidos Payment, Hill Schedule

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The Future of Work. In a post-COVID world, Northrop Grumman Chief Kathy Warden said to expect some changes in how the company operates, which will include cost reductions. During the ongoing pandemic, the company has “certainly found opportunity,” which “we are going to continue to mine” and “a few are in the cost reduction category,” she said May 27 during a virtual investor chat with Bernstein aerospace and defense analyst Douglas Harned. “And we look at thinks like facilities on…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]