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Business/Financial

TSA Awards Lockheed Martin $700 Million For Specialized Security Training

DDN

Tuesday, August 18th, 2009

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The Transportation Security Administration (TSA) has awarded Lockheed Martin [LMT] a potential five-year, $700 million contract to provide specialized security training services to the agency's workforce. Lockheed Martin was already under contract to perform similar work under a previous award with TSA. The indefinite-delivery, indefinite-quantity contract has a base-year and four one-year options. The training services include a wide range of capabilities including behavioral detection, bomb appraisal, checkpoint evolution, fraudulent document identification, physical security, screening and more. TSA says that…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]