Lockheed Martin's [LMT] Sikorsky Aircraft unit signed a five-year, potential $5.2 billion contract on June 30 to supply U.S. Army and Foreign Military Sales customers with 257 of the latest models of its H-60 Black Hawk helicopter fleet.Sikorsky will deliver its new UH-60M Black Hawk and HH-60M MEDEVAC helicopters under a $3.8 billion contract, with options for additional 103 aircraft adding potentially $1.4 billion more to the deal. The Pentagon will decide production quantities on a year-to-year basis with the…
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Congress Updates
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 […]
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 […]
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 […]
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