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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…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

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 […]