Pakistan awarded Lockheed Martin [LMT] a follow-on foreign military sale contract to produce and upgrade the Sniper Advanced Targeting Pods (ATP) for the Pakistan Air Force's F-16s, the company said on July 14.The contract includes production of 15 Sniper ATPs and upgrades to an existing 22 ATPS already held by Pakistan.ATP deliveries are set to begin in late 2015 because of the Pakistan Air Force’s “urgent operational need,” Lockheed Martin said. Upgrades are set to begin in late 2015 as…
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Congress Updates
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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 […]
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