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Business/Financial

Transformational Satellite Program Would Die In Fiscal 2010 Gates Plan; $26 Billion At Stake For TSAT

DDN

Monday, April 6th, 2009

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The $26 billion Transformational Satellite, or TSAT, program would die under a new budget plan that Secretary of Defense Robert Gates today unveiled in a news briefing. The Boeing Co. [BA] and Lockheed Martin Corp. [LMT] were competing for the future contract, with each company boasting a roster of major subcontractors on its team. "We will terminate the $26 billion Transformational Satellite program, and instead will purchase two more Advanced Extremely High Frequency satellites as alternatives," Gates said. TSAT was…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]