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…
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Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
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 […]
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 […]
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 […]
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