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Navy/USMC

Lockheed Martin Nabs $846 Million Contract For Navy Hypersonic Demonstrations

Wednesday, February 27th, 2019

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Lockheed Martin Nabs $846 Million Contract For Navy Hypersonic Demonstrations

The Navy’s Strategic Systems Programs (SSP) office awarded Lockheed Martin [LMT] an $846 million contract modification for the design, development, build, and integration of equipment for the Navy Intermediate Range Conventional Prompt Strike (CPS) Weapon System. This specifically is a maximum amount awarded in a previously un-priced letter contract covering the design and build of large diameter rocket motors, associated missile body flight articles, and related support equipment for the system. The contract announcement said this equipment covers flight test…

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 […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]