:

Business/Financial

Navy Awards Northrop Grumman $5 Billion For CVN-78 Construction

DDN

Thursday, September 11th, 2008

SHARE:

The Navy yesterday awarded Northrop Grumman [NOC] Shipbuilding Newport News a $5.1 billion contract to build the next-generation aircraft carrier CVN- 78, the Gerald R. Ford. Under this contract, Northrop Grumman will complete the detail design and construction of CVN-78, which includes engineering; integration; related development efforts including drawing and work package development; advanced planning; design weight estimate; life cycle support products and related logistics data; production planning; test and evaluation; further definition of initiatives to reduce CVN-78 class total…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

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 […]