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APS Backing Solar Plant To Be Built By Lockheed Martin

By George Lobsenz In a deal solidifying plans for one of the nation's largest solar power projects, Arizona Public Service Co. has agreed to buy all the power produced at 290 megawatt concentrating solar trough plant to be built by Lockheed Martin [LMT] under a contract with Starwood Energy Group Global LLC, a private investment firm focused on the energy sector. The plant, to be located in Maricopa County about 75 miles west of Phoenix, will be owned by Greenwich,…

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Congress Updates

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]


Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]


Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]


All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]