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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

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]