Search

Former Government Ethics Official Raises Issue of Members of Congress Holding and Trading Defense Stock

Former Government Ethics Official Raises Issue of Members of Congress Holding and Trading Defense Stock
Low angled view of the U.S. Capitol East Facade Front in Washington, DC.

On June 23rd this year, Sen. Deb Fischer (R-Neb.), a member of the Senate Armed Services Committee (SASC), sold between $50,001 and $100,000 of Lockheed Martin [LMT] stock held in a joint account, according to a Senate financial disclosure form. At an April 7th hearing of SASC on the DoD fiscal 2023 budget, Fischer had questioned planned reductions in U.S. Air Force and Navy force structure. “Under this budget, the Air Force is divesting 369 aircraft this year and buying…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

General Dynamics Information Technology Inc. (Falls Church, Virginia) – $12,584,393

General Dynamics Information Technology Inc., Falls Church, Virginia, was awarded a $12,584,393 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the management, technical services, labor, material, support services, equipment, and facilities to accomplish repair and refurbishment of MK-41 Vertical Launch Systems on board Navy…


Virginia Pilot Association (Virginia Beach, Virginia) – $13,101,154

Virginia Pilot Association,* Virginia Beach, Virginia, was awarded $13,101,154 firm-fixed-price, indefinite-delivery/indefinite-quantity contract to provide pilot services in support of Commander, Navy Region Mid-Atlantic Port Operations to assist with the navigation of ships in and out of areas from Cape Henry…


Bell Textron Inc. (Fort Worth, Texas) – $14,071,857

Bell Textron Inc., Fort Worth, Texas, was awarded a $14,071,857 modification (P00012) to a cost-plus-fixed-fee order (N0001924F2602) against a previously issued basic ordering agreement (N0001921G0012). This modification exercises options to provide continued program management, engineering, and logistics services for calendar…


Alabama Shipyard LLC (Mobile, Alabama) – $16,840,735

Alabama Shipyard LLC,* Mobile, Alabama, is awarded a $16,840,735 firm, fixed-price contract (N3220526C0004) for the 98-calendar day shipyard availability for the deactivation of Military Sealift Command's fleet oiler vessel USNS John Ericsson (T-AO 194). This contract includes a base work…