Aerospace Group:

Pakistan Orders Follow-On Contract For Targeting Pods For F-16s

Friday, July 17th, 2015

SHARE:

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…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]