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

Friday, October 23rd, 2015

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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

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]