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Army

Lockheed Martin’s International THAAD Sale Likely To Lower U.S. Costs

By Cal Biesecker

Wednesday, January 4th, 2012

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Lockheed Martin’s [LMT] Terminal High Altitude Area Defense (THAAD) sale to the United Arab Emirates (UAE) will make the system more affordable for the U.S. military as budgets tighten, company officials said. Lockheed Martin THAAD Vice President and Program Manager Tom McGrath said the company looks forward to adding on foreign sales to future U.S. procurement, which “will increase our production rates and make the program more sustainable over the years to come.” This makes interceptor cost more affordable for…

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

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. […]