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Business/Financial

Lockheed Martin Readies For August Tests of Sub Comms Buoy Effort

DDN

Tuesday, July 13th, 2010

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By Geoff Fein Lockheed Martin's [LMT] effort to enable submarines to have two-way communications at speed and depth cleared critical design review (CDR) earlier this month and will move to a testing phase in August before delivering engineering development models (EDM) next year, according to a Navy official. The company is developing three capabilities at the same time, two tethered communications buoys and a more autonomous gateway buoy, Brent Starr, the Navy's communications at speed and depth (CSD) principal acquisition…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]