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Business/Financial

Newport News Making Investments For Block III Virginia-Class, Exploring SSBN(X)

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Wednesday, August 6th, 2008

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By Geoff Fein NEWPORT NEWS, Va.--Although contract award for construction of Block III of the Virginia class submarines is not expected until the end of the year, both General Dynamics [GD] Electric Boat and Northrop Grumman [NOC] Newport News (NGNN) have already begun building prototypes of systems planned for the next series of eight submarines. "Today Electric Boat and we have already started construction of prototypes for both payload tubes and the new bow sonar array which, after they are…

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 […]