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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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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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