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Air Force

Pentagon, Lockheed Martin Reach Terms On F-35 Contract

Defense Daily Staff

Monday, December 3rd, 2012

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The Pentagon and Lockheed Martin [LMT] have reached an agreement “in principle” for the manufacturing of the fifth batch of F-35 Joint Strike Fighters in low-rate initial production, the Department of Defense said in a statement Friday. The agreement for 32 F-35s would end more than a year of contentious negotiations between the Pentagon and its prime contractor for the fifth generation multi-role aircraft. “It’s been a long journey, but I’m pleased we’ve achieved an agreement that is beneficial to…

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 […]

Space

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 […]

Congress

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 […]

Pentagon

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 […]