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Army

Lockheed Martin Secures GMLRS Production Option, Reduces Army Costs

By Cal Biesecker

Friday, February 1st, 2013

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Lockheed Martin [LMT] yesterday said it received a $197 million contract option from the Army for Guided Multiple Launch Rocket System (GMLRS) Unitary rocket production, enabling the service to pay less for each rocket than if a separate 2013 production contract was issued. “By exercising an option on the Fiscal Year 2012 production contract--instead of a standalone procurement--the Army provided more capability to the warfighter, faster and at a significantly better value to the taxpayer,” Dan O’Boyle, an Army spokesman,…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]