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Business/Financial

Israel Looking To Spend $1.9 Billion For Four Littoral Combat Ships

DDN

Thursday, July 17th, 2008

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Israel is seeking to buy four Lockheed Martin [LMT] or General Dynamics [GD] Littoral Combat Ships (LCS) for $1.9 billion, the Defense Security Cooperation Agency (DSCA) said yesterday. Each ship will be equipped with two MK-41 Vertical Launch Systems, eight cells for each system; one Close-In-Weapon System CWIS), Block 1A, one Enhanced Harpoon Launching System with launchers; two MK-32 Surface Vessel Torpedo Tubes; Communications and Sensors; Link 16; COMBATSS-21 with SPY-1F(V) and MK-99 Fire Control System; or Ship Self-Defense System…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]