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Air Force

Lockheed Martin in ‘Late Stage Negotiations’ With Company to Create Solid Rocket Motor Provider

Frank Wolfe

Wednesday, September 20th, 2023

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Lockheed Martin in ‘Late Stage Negotiations’ With Company to Create Solid Rocket Motor Provider

Australian Defense Minister Pat Conroy examines the undercarriage of a P-8C Poseidon. Australia plans to equip the Poseidon with LRASM (Australian Defence Force Photo)

Lockheed Martin [LMT] is pursuing the creation of a provider of solid rocket motors beyond the two main suppliers--Northrop Grumman [NOC] through its 2018 buy of Orbital ATK and L3Harris [LHX] through its recent acquisition of Aerojet Rocketdyne. "We are endeavoring as a defense company to create another supplier," James Taiclet, the president of Lockheed Martin, testified at a Sept. 20 hearing of the House Armed Services Committee's cyber, information technologies, and innovation (CITI) panel in response to a question from…

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]