:

Business/Financial

Lockheed Gains $6.3 Million Vertical Launch Contract

DDN

Monday, January 19th, 2009

SHARE:

The Navy gave Lockheed Martin Corp. [LMT] a $6.3 million contract to support MK 41 vertical launch systems for the U.S. and Turkish navies, Lockheed announced. Lockheed will provide engineering support services for MK 41 Vertical Launching System (VLS) work on the U.S. Navy Ticonderoga Class guided missile cruiser modernization program and the Turkish navy's MEKO Track IIA and IIB frigates. The latest MK 41 VLS baseline VII launch control system combines commercial off-the-shelf technologies and open architecture software elements.…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]