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Space

Lockheed Martin’s New SmartSat Venture Looks To Update Satellites Like Smartphones

By Matthew Beinart

Wednesday, March 20th, 2019

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Lockheed Martin’s New SmartSat Venture Looks To Update Satellites Like Smartphones

Lockheed Martin [LMT] on Wednesday announced a new satellite venture that will allow systems to be configured for new missions while in orbit through smartphone-like application updates, with the company already securing one government customer to be announced in April. SmartSat, the new software-defined technology, is currently being integrated on 10 programs, and the company is planning launches for two efforts on nanosatellites in 2019. “We want the satellites of the future to operate more like smartphones. We wants apps…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

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 […]