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Lockheed Martin Deepens Commitment To Energy Market

By Calvin Biesecker Lockheed Martin [LMT] yesterday announced it has partnered with a number of utility companies to improve the nation's electric grid and partnered with a leading university to research climate change and energy production and consumption, part of the company's foray into the energy marketspace. The energy and climate issue is the "next transformative initiative" in the United States and Lockheed Martin can bring a range of capabilities to bear for various solutions, Jim Kohlhass, vice president for…

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Congress Updates

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 […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]