Aerospace Group:

Business/Financial

Navy Likely To Terminate ERGM Program In Coming Days

DDN

Monday, March 24th, 2008

SHARE:

By Geoff Fein Industry sources last week said it appears likely that in the coming days the Navy will terminate the Extended Range Munition (ERM) effort after Raytheon [RTN] has been unable to demonstrate reliability or consistency in its latest Extended Range Guided Munition (ERGM) tests. "At the present time, [the] Navy cannot confirm," a Naval Sea Systems Command spokeswoman said. Raytheon conducted a series of engineering tests in early February to determine what, if any, tweaks and adjustments would…

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]