The Pentagon on Friday finalized a long-awaited contract to Lockheed Martin [LMT] for the fifth batch of F-35s in low-rate production, formally ending a year of contentious negotiations for the 32 aircraft. The $3.8 billion contract covers 22 of the Air Force’s F-35A conventional takeoff and landing variants, three F-35B short takeoff and vertical landing versions for the Marine Corps, and seven F-35C carrier variants for the Navy, said Joe DellaVedova, a spokesman for the Joint Strike Fighter acquisition office…
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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 […]
Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says
Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]
Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority
Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]
Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’
Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]
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