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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Lockheed Martin Awarded $90.2 Million for Trident II Life Extension Work
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Congress Updates
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]