Lockheed Martin [LMT] has been contracted by the National Warheads Energetics Consortium to transition to the production of the Long Range Land Attack Projectile (LRLAP). A Lockheed Martin rendering of LRLAP. The LRLAPs are designed to fire from the Navy’s newest Zumwalt-class (DDG-1000) destroyers in support of shore-based Marines. The National Warheads Energetics Consortium consists of more than 170 companies and academic institutions and works closely with the Pentagon Ordnance Technology Consortium. The NWEC award Lockheed Martin an $18-million contract.…
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Congress Updates
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
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