:

Business/Financial

Lockheed Martin Extending Range of Navy’s Ship Launched Anti-Sub Missile

DDN

Thursday, January 15th, 2009

SHARE:

By Geoff Fein Lockheed Martin [LMT] is developing a new extended range capability for the Navy's Mk 46 and future Mk 54 anti-submarine torpedo that will give the rocket Link 16 capability and enable the missile to be redirected in flight, according to a company official. The Vertical Launch Anti-Submarine Rocket-Extended Range (VLA-ER) is being developed using internal research and development (IRAD) funds, Steve Firestone, Lockheed Martin VLA business development manager, told reporters at a briefing in Arlington, Va., earlier…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]