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Business/Financial

Lockheed Martin Gains $1.09 Billion GOES-R Weather Satellite Contract

DDN

Monday, December 8th, 2008

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NASA and the National Oceanic and Atmospheric Administration (NOAA) awarded a $1.09 billion contract to Lockheed Martin Corp. [LMT] to produce Geostationary Operational Environmental Satellites (GOES-R), NASA announced. Lockheed Martin Space Systems Co. of Denver will supply two satellites under the basic portion of the contract, with two possible options, each for one additional satellite, or a total of four. Lockheed would get the full $1.09 billion if all options are exercised. In winning the rich prize, Lockheed beat out…

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]