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Lockheed May Seek GMD Work, Touts $556 Million PAC-3 Army Contracts

PAC-3 Contract Part Of $1.7 Billion Lockheed Missile Defense Orders In 2007 Middle East May Be Ripe Market For Lockheed Missile Defense Systems Lockheed Martin Corp. [LMT] has begun jockeying to get a piece of the action in the Ground-based Midcourse Defense (GMD) missile shield program now led by prime contractor The Boeing Co. [BA], a possible contest that also might include Northrop Grumman Corp. [NOC]. Separately, the Army gave Lockheed a total $556 million in orders for Patriot Advanced…

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Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

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HII Executive Outlines Its Shipbuilding Acceleration Strategy

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House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

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