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Business/Financial

Northrop Grumman Complying With Solid Rocket Motor Order In Orbital ATK Deal, Warden Says

By Cal Biesecker

Thursday, July 28th, 2022

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Northrop Grumman Complying With Solid Rocket Motor Order In Orbital ATK Deal, Warden Says

Minuteman III missile

Northrop Grumman’s [NOC] top executive on Thursday rejected any government concerns that the company isn’t complying with a consent order it agreed to in 2018 as part of its deal for Orbital ATK to ensure it remains a fair supplier of solid rocket motors to competitors in the aerospace and defense industry. The company has disclosed in its quarterly and annual filings with the Securities and Exchange Commission (SEC) that the Federal Trade Commission (FTC) in October 2019 began investigating…

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]