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Business/Financial

GAO Denies Raytheon Protest Of Sole-Source Aegis Mod Contract To Lockheed Martin

Saturday, December 27th, 2008

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The Government Accountability Office (GAO) Dec. 22 denied Raytheon's [RTN] protests against several sole-source, non-competitive contracts that the Navy earmarked for Lockheed Martin [LMT] for modernization of Aegis weapon-control systems on Ticonderoga cruisers and Arleigh Burke Class destroyers. Raytheon Integrated Defense Systems had requested that the Navy reverse course and hold competitive bidding on the work, with Raytheon challenging three of four Navy sole-source procurements that the Navy said it intended to give Lockheed. But the GAO denied the Raytheon…

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 […]

Congress

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 […]