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Navy/USMC

Lockheed Martin Gets Another $282 Million For MMSC

Tuesday, November 20th, 2018

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Lockheed Martin Gets Another $282 Million For MMSC

Graphic model of the Saudi Multi-Mission Surface Combatant (MMSC). (Image: Lockheed Martin)

The Naval Sea Systems Command (NAVSEA) awarded Lockheed Martin [LMT] another $282 million undefinitized modification on Nov. 16 for more long-lead-time material and detail design to build four Multi-Mission Surface Combatant (MMSC) ships in a sale to Saudi Arabia.The MMSC is based on the Freedom-variant Littoral Combat Ship, built at Fincantieri Marinette Marine in Wisconsin. The Navy described the MMSC as a “lethal and highly maneuverable surface combatant capable of littoral and open-ocean operation.”This is the third MMSC long-lead-time modification for the…

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 […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]