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Navy/USMC

Lockheed Martin Wins Mk48 Torpedo Modification Deal

DDN

Wednesday, March 9th, 2011

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By Carlo Munoz Defense giant Lockheed Martin [LMT] has wrapped up a multimillion dollar deal to upgrade the Navy's heavy torpedo arsenal to take out shallow water targets, according to company officials. The $50 million contract awarded by Naval Sea Systems Command to Lockheed Martin this week will cover the initial and full-rate production of over 100 Common Broadband Advanced Sonar System (CBASS) replacement kits for the Mk48 torpedo. Outfitted with improved guidance and signals processing systems, as well as…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

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Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]