By Emelie Rutherford The Navy's top officer said yesterday he is "encouraged" with steps the two Littoral Combat Ship (LCS) builders have taken to control the price of their second vessels, and will monitor closely the ships' costs amid congressional concerns. The service last Friday awarded General Dynamics [GD] a fixed-price contract of an unspecified amount for its second littoral ship: the USS Coronado, LCS-4 (Defense Daily, May 4). The Navy in March awarded rival LCS shipbuilder Lockheed Martin [LMT]…
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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 […]
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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 […]