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Business/Financial

Navy Cancels Boeing’s Harpoon Block III Due To Cost, Schedule

DDN

Monday, April 20th, 2009

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The Navy on Friday canceled Boeing's [BA] Harpoon Block III weapon system Program due to cost overruns and a delay in the testing schedule, the service said. The Block III, was a modification of the current Harpoon Block I C weapon system, and added a Global Positioning System and weapons data-link to provide increased target selectivity and target acquisition. The decision to terminate was made after Sean Stackley, the Navy's acquisition chief, made a recommendation for cancellation following the program's…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]