Aerospace Group:

Space

Lockheed Martin Completes GPS IIIB Milestone

DDN

Tuesday, July 6th, 2010

SHARE:

Lockheed Martin [LMT] said recently that it successfully completed a key requirements review for the Global Positioning System (GPS) IIIB satellite series under the Air Force's next generation GPS III Space Segment program. Lockheed Martin Space Systems, Newtown, Pa., is working under a $3 billion development and production contract to produce up to 12 GPS IIIA satellites, with first launch projected for 2014. The contract, which features a "back to basics" acquisition approach to low-risk constellation sustainment and technology insertion,…

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 […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]