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Navy/USMC

Lockheed Wins Two Submarine Contracts Worth $101 Million Total

Thursday, August 31st, 2017

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The U.S. Navy awarded Lockheed Martin [LMT] $101 million combined in two contract actions for previously awarded contracts in support of submarine systems, according to Wednesday Defense Department announcements.The company won a firm-fixed-price undefinitized contract action (UCA) modification for up to $71 million as part of a previously awarded contract for electronic warfare equipment in support of Virginia-class submarines. The UCA is expected to be definitized by Feb. 2018.Contracted work will largely occur in Syracuse, N.Y., and Fairfax, Va., with an…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]