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Teets To Receive Award; He Also Becomes Aerospace Corp. Board Chairman

Peter B. Teets, a former senior Air Force and Lockheed Martin Corp. [LMT] official, will receive a lifetime space achievement award April 1 at the National Space Symposium from the Space Foundation. Separately, Teets is becoming the Aerospace Corp. chairman. Retired Air Force Gen. Thomas S. Moorman Jr. will become Aerospace vice chairman. Teets replaces retired Air Force Lt. Gen. Donald L. Cromer as chairman. Cromer is retiring from the board after six years of service. He chaired the board…

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Congress Updates

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

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]


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Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]


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

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]


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

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