By B.C. Kessner The United States defense market is trending open and Europe needs to follow suit while increasing investment needed for meaningful contributions to transatlantic initiatives if NATO hopes to remain effective militarily in the 21st Century, Robert Stevens, Lockheed Martin's [LMT] CEO, president and chairman said Monday. "There is no substitute for real expenditures on tangible programs if the health of European industry is to be improved and if further transatlantic cooperation is to be possible," Stevens told…
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Congress Updates
HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW
House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]
HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs
The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]
Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG
The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]
Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says
As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]
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