:

Saudi Arabia Recives Go Ahead to Buy Lockheed Martin’s Littoral Combat Ship

Friday, October 23rd, 2015

SHARE:

Saudi Arabia is poised to become first foreign buyer of Lockheed Martin’s [LMT] Freedom-class Littoral Combat Ship after receiving State Department approval for a four-ship order.The Defense Security Cooperation Agency announced Oct. 20 that Congress had been notified of an estimated $11.25 billion sale that includes four Multi-Mission Surface Combatant (MMSC) ships— the name given to the Saudi LCS variant—and associated equipment, parts and logistical support. Congress has 30 days to block the potential sale.The MMSC, like its U.S. brethren,…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]