Lockheed Martin [LMT] recently received a $184.3 million contract from the Army for 29 Persistent Threat Detection Systems (PTDS) to support coalition forces in Afghanistan, the company said. In 2010, Lockheed Martin delivered 28 PTDS for use in theater, raising the total provided to the Army to 37. PTDS is an aerostat-based intelligence, surveillance, reconnaissance and communications system in support of force-protection and counter-IED missions. Used by the Army since 2004, the systems provide coverage of broad areas for weeks…
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Congress Updates
Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says
A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]
Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities
The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]
Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons
Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]
Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]