Lockheed Martin [LMT] said it successfully completed a technology demonstration for its 8x8 armored, modular HAVOC vehicle that is competing on the Marine Personnel Carrier vehicle program. In August 2012, Lockheed Martin, BAE Systems and Iveco Defense Vehicles and ST Kinetics/SAIC each received $3.5 million technology demonstration contracts. “We just concluded the technology demonstration on July 12,” Ric Magness, director of Ground Vehicles for Lockheed Martin Missiles and Fire Control, told Defense Daily. At the Marines’ Camp Pendleton, Calif., the…
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In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]