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Army

Lockheed Martin Wins $603 Million In GMLRS, HIMARS Work

DDN

Tuesday, February 3rd, 2009

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Lockheed Martin [LMT] yesterday said it received contracts totaling $603 million from the Army Aviation & Missile Command for the Guided Multiple Launch Rocket System (GMLRS) and the High Mobility Artillery Rocket System (HIMARS). Work on the contract will be done at the company's facilities in Camden, Ark., and Grand Prairie, Texas, with the last contract scheduled for completion in the last part of 2011. "In theater, the GMLRS Unitary rocket has earned the nickname 'The 70-kilometer Sniper Rifle,' and…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

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The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

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 […]