:

Advanced / Transformational Technology

Lockheed Martin To Acquire Hypersonics Portfolio Of i3

By Cal Biesecker

Tuesday, October 13th, 2020

SHARE:

Lockheed Martin To Acquire Hypersonics Portfolio Of i3

i3's expertise in hypersonics includes thermal protection systems. Photo: Integration Innovation, Inc.

Lockheed Martin [LMT] last Friday said it has agreed to acquire the hypersonics portfolio and related employees of Integration Innovation, Inc. (i3), a deal that the company said will strengthen its capabilities in hypersonic technologies to meet warfighter needs. Terms of the deal, which is expected to close within a month, were not disclosed. Hypersonic technologies and programs are one of the Defense Department’s top priority areas for investment. “This business combination not only reinforces our commitment to [the customers’]…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]