Aerospace Group:

Lockheed Martin UK Is The Choice For U.K. Planned $1 Billion-Plus Warrior IFV Upgrade

DDN

Friday, October 28th, 2011

SHARE:

U.K. Prime Minister David Cameron recently said the Army's Warrior infantry fighting vehicle will benefit from an approximately $1.5 billion upgrade, work expected to go to Lockheed Martin UK [LMT]. Cameron said: "This shows the concrete benefits of the fundamental changes we have introduced to modernize our Armed Forces and to bring the future Defence Budget back into balance. It means we are now able to ensure our soldiers have greater flexibility and firepower with these upgraded armored vehicles." The…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]