Lockheed Martin [LMT] yesterday said it received a production contract totaling $3.9 billion to produce elements of the Terminal High Altitude Area Defense (THAAD) Weapons System for the Missile Defense Agency (MDA) and the United Arab Emirates (UAE). The contract includes the manufacture and delivery of a maximum of 110 interceptors for the U.S. Army, including the fiscal 2014 option. These Lot 4, 5 and 6 interceptors will be fielded to the Army at Ft. Bliss, Texas. THAAD Photo: Lockheed…
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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 […]
Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”
Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]
Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says
The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]
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