:

Lockheed Martin Expects First Foreign Sale of LCS Hull This Year

Defense Daily Staff

Monday, April 7th, 2014

SHARE:

Lockheed Martin Expects First Foreign Sale of LCS Hull This Year

Lockheed Martin rendering of its versions of the Multi-mission Combat Ship

Lockheed Martin [LMT] anticipates the first foreign sale of its international version of the U.S. Navy’s Littoral Combat Ship sometime this year, a company executive said Friday. Joe North, vice president for littoral ship systems at Lockheed Martin’s Mission Systems and Training unit, said the interested country is a Southeast Asian nation but would not provide further details. The company is also close to a deal with an unnamed Middle Eastern country, but it could take longer because it would…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]