Lockheed Martin [LMT] yesterday said May 29 it delivered the 29th Persistent Threat Detection System (PTDS) to the Army. PTDS is a tethered aerostat equipped with multiple sensors that can stay aloft for weeks to months and provide warfighters with a cost-effective intelligence, surveillance and reconnaissance capability. The aerostat is attached by a high-strength tether to a re-locatable mooring system and can carry various payloads to conduct multiple simultaneous missions. Since 2004, the company has delivered 66 systems to the…
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Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
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 […]
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