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Ship Construction On New Lockheed Martin LCS To Begin In June

DDN

Tuesday, January 11th, 2011

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By Carlo Munoz Lockheed Martin [LMT] will begin construction in June on the first Littoral Combat Ship (LCS) under the company's recent multimillion dollar deal with the Navy announced last month, and anticipates having the second ship under contract within the same time frame, according to a company executive. Company officials are in the midst of contacting supply vendors and subcontracting firms to line up the necessary manpower and materiels to begin construction, Lockheed Martin's vice president for Business Development…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

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Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

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Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]