The first Lockheed Martin [LMT] short-takeoff and vertical landing (STOVL) F-35B assembled outside the United States rolled out of the Final Assembly and Check Out (FACO) facility in Italy on May 5.The Italian FACO is owned by the Italian Ministry of Defense and is operated by Leonardo in conjunction with Lockheed. It has a current workforce of more than 800 skilled personnel engaged in full assembly of the conventional take-off and landing F-35A and F-35B aircraft variants. The facility also…
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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 […]
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