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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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]