Aerospace Group:

Lockheed Martin Receives $218 Million For First Delivery Of 18 HIMARS To Romania

By Matthew Beinart

Friday, August 17th, 2018

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Lockheed Martin [LMT] has received a $218 million deal to begin delivering 18 High Mobility Artillery Rocket Systems (HIMARS) launchers to Romania.The 18 M142 HIMARS launchers are the first of 54 total that Lockheed Martin will deliver under a $1.3 billion foreign military sale with Romania that the State Department originally approved in August 2017.Lockheed Martin is expected to complete deliveries for the first 18 HIMARS by December 2020.The previously approved FMS deal with Romania will also include 81 Guided Multiple…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]