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Navy/USMC

Lockheed Martin Wins Navy’s Aegis Competition

Defense Daily Staff

Tuesday, March 5th, 2013

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Lockheed Martin [LMT] has won the Navy’s competition to modernize the Aegis Combat System, outdueling Raytheon [RTN] and Boeing [BA] to strengthen its grip on a program potentially worth billions of dollars in the decades ahead. The contract award announced by the Navy yesterday keeps Lockheed Martin as the prime contractor for the Aegis system that has been the cornerstone of air theater combat for the Navy’s fleet of Arleigh Burke-class (DDG-51) destroyers and Ticonderoga-class (CG-47) cruisers for decades. The…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

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Congress

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Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

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Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]