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Air Force

Air Force Awards Lockheed Martin Sniper ATP Post Production Support Contract

Friday, March 16th, 2012

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The Air Force awarded Lockheed Martin [LMT] an indefinite delivery/indefinite quantity Sniper Advanced Targeting Pod (ATP) Post Production Support (PPS) contract, according to a company statement. The potential value of the contract over a seven-year period is $841 million. The contract, to be awarded incrementally over five years with two single-option years, is for a variety of upgrades to the legacy Sniper ATP fleet, including hardware and software upgrades and platform integration, which may include transition of legacy pods into…

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 […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]