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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

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]