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Jacobs Buys Into Consortium Operating U.K. Nuke Weapons Site

In a deal that raised some eyebrows in the British media, Jacobs Engineering Group Inc. announced last month it was buying a one-third share in AWE Management Limited--the operator of Britain's nuclear weapons facility--from state-owned British Nuclear Fuels plc. Some U.K. newspapers questioned the deal because it means two American companies--Jacobs and Lockheed Martin [LMT]--now effectively control operations at the country's sole nuclear weapons lab, which is called the Atomic Weapons Establishment. The third company in the operating consortium, known…

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Congress Updates

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]


CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]


Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]


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 […]