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News On F-22 Fate Not Coming By March 1

By Emelie Rutherford Watchers of Lockheed Martin's [LMT] F-22 stealth fighter program hoping to learn by March 1 if the Obama administration plans to continue or terminate the jet's production are out of luck. Pentagon spokesman Geoff Morrell confirmed yesterday the fate of the aircraft program will not be revealed until the detailed fiscal year 2010 defense budget request is submitted to Congress. That submission is expected in April, though the topline defense budget figure will be announced today. "Bottom…

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Congress Updates

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 […]


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 […]


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 […]


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 […]