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Business/Financial

Lockheed Takes On Boeing In Fight Over Ground-Based Missile Defense System

DDN

Monday, March 23rd, 2009

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GMD System Operations And Sustainment At Stake; Missile Defense Agency Contract Sought Lockheed Martin Corp. [LMT] will take on The Boeing Co. [BA] in a fight for an operations and sustainment contract for the Ground-based Midcourse Defense (GMD) system, which is installed in Alaska and California to take down incoming missiles launched by North Korea. Those companies are the two largest defense contractors on the planet. Boeing, of Chicago, currently leads the GMD development and production program. Lockheed officials recently…

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]