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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Congress Updates
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off
Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]
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 […]
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 […]
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