Aerospace Group:

Lockheed Martin/ULA Study Estimates $50 Million In GPS III Dual Launch Savings

Tuesday, June 5th, 2012

SHARE:

Lockheed Martin [LMT] said recently a joint study conducted with United Launch Alliance (ULA) estimates the Air Force could save $50 million per Global Positioning System (GPS) III spacecraft launch by using dual launch technology--two satellites per launch rocket. “Our estimates show that dual launch for GPS III (aboard a single Atlas V rocket) reduces per spacecraft launch cost by approximately $50 million,” Lockheed Martin spokesman Michael Friedman said in an email. “Over the GPS III constellation deployment lifecycle, this…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

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 […]