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Business/Financial

Military To Buy New Generation Of Electro-Optical Satellites: DNI Office

DDN

Monday, April 13th, 2009

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The Director of National Intelligence, with the Department of Defense (DOD), may acquire a new generation of electro-optical satellites that would cost billions of dollars, with the work likely going to Lockheed Martin Corp. [LMT]. Director of National Intelligence Dennis C. Blair announced that he and Pentagon officials put together a plan to modernize the nation's aging satellite-imagery architecture. This would involve satellites with less radical technology than the prior Future Imagery Architecture led by The Boeing Co. [BA] that…

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 […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]