:

Missile Defense

Lockheed Martin Joins European Consortium To Develop German Integrated Air Defense

Thursday, March 8th, 2018

SHARE:

Lockheed Martin Joins European Consortium To Develop German Integrated Air Defense

Lockheed Martin and MBDA Deutschland's TLVS

Lockheed Martin [LMT] has partnered with MBDA Deutschland to develop integrated air and missile defense systems for the German armed forces.The joint venture between Lockheed Martin and MBDA, a group jointly owned by Airbus, BAE Systems, and Leonardo will become the prime contractor for the new system, called TLVS, based on Lockheed Martin’s medium extended air defense system (MEADS).TLVS is a German acronym for Taktisches Luftverteidigungssystem, or “tactical air defense system.” The German Bundeswehr chose MEADS as the basis for…

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 […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]