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DoD Officials Escalate Public Criticism Of GPS OCX Program Amid Budget Shortfall

Thursday, January 14th, 2016

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Storm clouds could be forming on the horizon for Raytheon [RTN] and its Global Positioning System (GPS) operational control segment (OCX) as Pentagon officials have escalated public criticism of the beleaguered program in recent weeks while confronting a $15 billion budget gap for fiscal year 2017.Air Force Space Command (AFSPC) chief Gen. John Hyten on Dec. 8 called OCX a “disaster,” the service’s strongest criticism in recent memory, and said it was “embarrassing” to have to defend it to the…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

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Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]