The Navy awarded BAE Systems a $78 million contract modification to produce canisters for Mk 41 and Mk 57 Vertical Launching Systems (VLS) on cruisers and destroyer battleships. This new contract increases the current contract value to $158 million, the company said yesterday in a statement. “BAE Systems has produced the canisters for the Navy since 1985, and this contract further demonstrates our customer's satisfaction with the quality of our work,” said Mark Signorelli, vice president and general manager of…
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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 […]
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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
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