Aerospace Group:

Advanced / Transformational Technology

Lockheed Martin Invests In Additive Manufacturing Company Fortify

By Cal Biesecker

Tuesday, December 13th, 2022

SHARE:

Lockheed Martin Invests In Additive Manufacturing Company Fortify

3D printed components made by Fortify's Flux printer. Photo: Fortify

Fortify, a small company that provides additive manufacturing for radio frequency (RF) components, on Tuesday said it has received a strategic investment from Lockheed Martin’s [LMT] venture capital arm that will accelerate work the company is already doing for the large aerospace and defense contractor. The value of the investment wasn’t disclosed. Fortify, which is based on Boston, essentially provides 3D printing systems in-a-box for its customers who use the technology to produce various RF components out of high-performance, high…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]