:

Space

Lockheed Martin Looking To Increase Standard Component Usage Across Satellites

Wednesday, June 5th, 2013

SHARE:

Lockheed Martin [LMT] is looking for ways to increase the use of standard components across its catalog of satellites to help save money, according to a key executive. Mark Valerio, vice president and general manager of Lockheed Martin’s military space business, recently said the company already uses standard propulsion and attitude control proponents. Valerio said if more standard components are used across satellite buses, he can drive down costs by “aggregating” that demand and, essentially, buying in bulk. Lockheed Martin's…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]