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Lockheed Martin Target Missiles Work Well, Company Reports

Lockheed Martin Corp. [LMT] has launched a dozen target missiles successfully since 2005, the company announced. The company did so under a targets and countermeasures contract with the Missile Defense Agency (MDA). Lockheed provides unarmed targets designed to represent adversary missiles to permit realistic testing of the weapon systems and other elements of the Ballistic Missile Defense System. The company is providing an increasing percentage of the target missiles acquired by the Missile Defense Agency through various mechanisms. Lockheed team…

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Congress Updates

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]


Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]


House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]


Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]