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Lockheed Martin Completes Formal Testing of 2nd-Gen Aegis BMD Capability

Lockheed Martin [LMT] recently demonstrated the second generation of its Aegis Ballistic Missile Defense (BMD) capability in a formal U.S. Navy test event. "This milestone represents the continuing evolution of Aegis that will lead to the merger of Aegis open architecture and Aegis BMD in 2012," said Nick Bucci, Lockheed Martin director of BMD development programs. "This next-generation signal processor upgrade provides a leap-ahead capability that improves system effectiveness against expanding enemy threats." This configuration, known as Aegis BMD 4.0.1,…

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Congress Updates

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]


Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]


Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]


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 […]