Aerospace Group:

Advanced / Transformational Technology

Lockheed Martin to Build New Hypersonics Facility in Alabama

By Vivienne Machi

Monday, September 16th, 2019

SHARE:

Lockheed Martin to Build New Hypersonics Facility in Alabama

Lockheed Martin [LMT] plans to establish a new facility to support its hypersonic programs in northern Alabama, bringing nearly 300 new jobs to the region over the next three years. Company leaders and government officials will make a formal announcement Sept. 16, per a Lockheed Martin statement Monday. The new facility in Courtland will be devoted to the assembly, integration and testing of hypersonic programs, while basing the management and engineering workforce for those programs in nearby Huntsville. With the…

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]