:

Pentagon

DoD Awards $35 Million To Support Construction Of Rare Earth Element Facility

By Cal Biesecker

Tuesday, February 22nd, 2022

SHARE:

DoD Awards $35 Million To Support Construction Of Rare Earth Element Facility

The Defense Department on Tuesday awarded MP Materials Corp. [MP] a $35 million contract to support construction of a commercial scale processing facility for heavy rare earth elements (HREE) used in the manufacture of high-performance permanent magnets, part of the company’s plan to bring back a domestic supply chain for U.S. magnetics. “The primary applications for HREEs include permanent magnets used in products ranging from electric motors in electric vehicles, to the energy generators within wind turbines,” Deborah Rosenblum, acting…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]