Lockheed Martin [LMT] yesterday said the Army awarded it $391 million in production orders for a new radar system that gives soldiers with enhanced 360-degree protection from rocket, mortar and artillery fire. In early March, the Army awarded the company an $881 million contract for the AN/TPQ-53 Firefinder Radar, formerly called the EQ-36 radar (Defense Daily, March 2). That firm fixed price award has a base year and two option years, which could yield as many as 51 systems. The…
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Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says
Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]
Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority
Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]
Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’
Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]
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