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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

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 […]