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Space

THAAD Production Line On Hold as MDA Continues Contractor Crackdown

DDN

Monday, August 30th, 2010

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By Marina Malenic The manufacturer of a U.S. theater ballistic missile defense system has agreed to assume additional financial liability to open a production line for the system's interceptor missiles, the head of the Missile Defense Agency said recently. Lockheed Martin [LMT] will be responsible for any cost increases related to production delays involving interceptors for its Terminal High Altitude Area Defense (THAAD), said Army Lt. Gen. Patrick O'Reilly. He added that the company offered to assume liability if the…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]