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Business/Financial

Lockheed Martin Wins Trident II Shipboard System Integration Work

DDN

Tuesday, August 10th, 2010

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Lockheed Martin [LMT] last week beat out General Dynamics [GD] for an $11.8 million cost-plus-incentive-fee, cost-plus- fixed-fee contract to provide Trident II (D-5) strategic systems programs shipboard systems integration, according to the Pentagon. Under the terms of the contract, Lockheed Martin will provide; strategic weapon system navigation subsystems; systems design and development; and electrostatically supported gyro navigator refresh, according to the contract announcement. The contract contains options which, if exercised, will bring the total contract value to $230 million.

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 […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

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

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]