Aerospace Group:

Business/Financial

Defense Industry Can Surge Capacity With Advance Planning And Investment, Officials Say

By Cal Biesecker

Thursday, September 22nd, 2022

SHARE:

Defense Industry Can Surge Capacity With Advance Planning And Investment, Officials Say

Frank St. John, chief operating officer of Lockheed Martin. Photo: Lockheed Martin

Amid concerns that large shipments of U.S. weapon systems and munitions to Ukraine are beginning to deplete Defense Department inventories, defense industry officials this week said that they can surge their capacity to build weapons more quickly with more advance planning and investments in long-lead materials. It typically takes 24 to 30 months to increase capacity but if DoD advances funding for long-lead materials it could get industry to surge capacity in 12 to 18 months, Frank St. John, chief…

Congress

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 […]

Space

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 […]

Congress

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 […]

Pentagon

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 […]