U.K. Prime Minister David Cameron yesterday 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…
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Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]
“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal
As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]
Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill
The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]
Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns
Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]
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