Aerospace Group:

Space

Lockheed Martin Adds Partners For Pursuit of MDA Contract

DDN

Monday, August 30th, 2010

SHARE:

Lockheed Martin [LMT] said it added some 11 companies to its team in the pursuit of the Missile Defense Agency's (MDA) Ground-Based Midcourse Defense (GMD) Development and Sustainment Contract. MDA has said it will issue a final request for proposals for GMD Development and Sustainment this year and award the contract in 2011. The contract will entail development, manufacturing, test, training, operations support and sustainment support of the GMD element. Lockheed Martin already named strategic partner Raytheon [RTN] and partners…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

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 […]