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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Congress Updates
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]
“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal
As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]
Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill
The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]
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