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Space

Lockheed Martin Receives $243 Million For JASSM Lot 8 Production

DDN

Monday, February 15th, 2010

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Lockheed Martin [LMT] has received an Air Force contract valued at $243.5 million for an eighth production lot of the JASSM cruise missile. "This contract enables Lockheed Martin to continue to provide the critical capabilities of JASSM to the Warfighter," Alan Jackson, JASSM program director at Lockheed Martin Missiles and Fire Control, said. "JASSM's combination of standoff range, low observable flight and high lethality provides an unrivaled precision engagement capability and a greater range of options to combatant commanders." The…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]