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Navy/USMC

GD Wins $1.1 Billion Mod For Long-Lead Material Of Two Virginia Subs After Delay

Wednesday, May 24th, 2023

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GD Wins $1.1 Billion Mod For Long-Lead Material Of Two Virginia Subs After Delay

A mockup of the Block V Virginia-class attack submarine with the Virginia Payload Module in use. (Image: General Dynamics Electric Boat)

General Dynamics Electric Boat [GD] on May 23 won a $1.1 billion contract modification to procure long-lead time material for two Virginia-class attack submarines after a delay due to an insurance disagreement with the government. This undefinitized contract action will pay for the material for the future Block V submarines SSN-812 and SSN-813, while the administration seeks full procurement funding for them in the FY ‘2024 budget request. The work will occur in various locations throughout the U.S. and is…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]