Contract Is Worth $1.09 Billion; Eventual Billions More At Stake Lockheed Martin Corp. [LMT] will build two GOES-R weather and Earth-scanning satellites after all, meaning that the work won't go to rival bidder The Boeing Co. [BA]. NOAA and NASA have reviewed the situation and opted again for Lockheed. Eventually, up to four satellites worth billions of dollars could be the ultimate prize. The contract was awarded to Lockheed in December, but Boeing protested to the GAO, and a stop work order…
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Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
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 […]
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