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…
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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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
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