The State Department approved a possible $15 billion sale of a Lockheed Martin [LMT] Terminal High Altitude Area Defense (THAAD) missile defense system to Saudi Arabia, the Defense Security Cooperation Agency (DSCA) said Oct. 6.DSCA notified Congress of the sale on the same day.Saudi Arabia requested 44 THAAD launchers, 360 interceptor missiles, 16 THAAD Fire Control and Communications Mobile Tactical Station Group, and seven Raytheon [RTN]-made AN/TPY-2 radars.The sale would also include maintenance equipment, 43 trucks to move the systems, electrical power units, trailers,…
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Congress Updates
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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