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Business/Financial

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DDN

Monday, December 3rd, 2007

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Trident Missile Scores 120th Launch From Submerged Submarine: Lockheed A Trident missile was launched from a submarine, marking the 120 test launch since 1989, according to Lockheed Martin Corp. [LMT]. The unarmed Trident II D5 Fleet Ballistic Missile (FBM) built by Lockheed was launched from the submerged submarine Henry M Jackson (SSBN 730) in the Pacific Ocean. The missile launch was part of the Demonstration and Shakedown Operation (DASO) to certify the Jackson for deployment, following a shipyard overhaul period…

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]

Congress

HASC’s FY ‘27 NDAA Adds More Black Hawks, Chinooks For Army, No Plus-Up For Apaches

The House Armed Services Committee’s (HASC) draft of the next defense policy bill supports hundreds of millions dollars for the Army to buy additional Black Hawk and Chinook helicopters in […]

Congress

HASC’s $1.15 Trillion FY ‘27 Draft NDAA Doesn’t Shift Items Over From Reconciliation Request

The House Armed Services Committee (HASC) on Tuesday unveiled its $1.15 trillion draft of the next defense policy bill, aligning with the White House’s requested discretionary topline while not including […]

Budget

DoD’s Equity Stake In L3Harris Rocket Motor Business Comes At Expense Of Other Suppliers, HASC Warns

A draft defense bill released by the House Armed Services Committee (HASC) on Tuesday says the committee is “concerned” with the Defense Department’s $1 billion equity investment this year in […]