Aerospace Group:

Lockheed Martin Canada Wins $2 Billion Contract For Halifax Mod Effort

DDN

Friday, September 12th, 2008

SHARE:

A Lockheed Martin [LMT] Canada industry team was awarded a $2 billion contract from the Canadian government to design and build the combat system for that nation's 12 Halifax-class frigates. Lockheed Martin beat out both a General Dynamics [GD]-led team and another that included Canadian-based MacDonald, Dettwiler and Associates Ltd. (MDA), Atlas Elektronik, and European Aeronautic Defence and Space Co. (EADS). The Canadian government announced the awarding of the two contracts to Lockheed Martin on Sept. 5. "The Government of…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]