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International Customers Help Lockheed Martin’s Affordability Efforts, Official Says

DDN

Friday, August 26th, 2011

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The Patriot PAC-3 missile, developed by Lockheed Martin [LMT] is one of the company's successful missile programs that has attracted international buyers, which in turn reduces costs for U.S. programs, a senior official said. "Just since 2006, the United States government has benefited to the tune of $482 million in terms of either deferred costs or reduced costs based on quantities just because of our partners involved in the program," said Dennis Cavin, vice president Army and Missile Defense programs,…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]