The State Department approved two possible Foreign Military Sales (FMS) requests with a total value of nearly $1.8 billion to Australia for Hobart-class destroyer, F/A-18E/F Super Hornet, and EA-18G Growler aircraft sustainment and associated equipment, parts, and logistical support. The destroyer sale is worth $275 million while the combined aircraft sale is worth $1.5 billion.The Defense Security Cooperation Agency (DSCA) notified Congress of the potential sales on April 28.Lockheed Martin [LMT] would be the primary contractor for the destroyer sale…
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A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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