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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

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

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

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