:

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

Thursday, January 14th, 2016

SHARE:

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

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

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 […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]