:

Lockheed Hopes New THAAD Variant Will Get Go-Ahead Soon

Tuesday, October 11th, 2016

SHARE:

Lockheed Martin [LMT], which has been exploring a potential extended-range version of the Terminal High Altitude Area Defense (THAAD) system for years, is optimistic that the U.S. Missile Defense Agency (MDA) will soon decide to develop the new variant, according to a company official.“We’re continuing to discuss THAAD-ER” with MDA, said Tim Cahill, vice president of air and missile defense at Lockheed Martin Missiles and Fire Control. “I suspect that there will be decisions about THAAD-ER that will come ……

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]

Congress

House Appropriators Concerned With ‘Risky’ Reconciliation Approach To Fund Munitions, F-35 Plans

The House Appropriations Committee has raised concern with the Trump administration’s “risky” approach to seeking significant fiscal year 2027 funding for key priorities such as critical munitions and F-35 procurement […]