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Space

Lockheed Martin Debuts Crescent Space Subsidiary and Parsec Lunar Constellation

By Rachel Jewett

Wednesday, March 29th, 2023

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Lockheed Martin Debuts Crescent Space Subsidiary and Parsec Lunar Constellation

Lockheed Martin Curio deep space satellite bus. Photo: Lockheed Martin

Lockheed Martin [LMT] unveiled a new subsidiary Crescent Space on Tuesday, focused on providing infrastructure for lunar missions. The company will operate a constellation of small constellation of lunar satellites for a service called Parsec, to provide connectivity between Earth and people and assets in lunar orbit and on the Moon, and position, timing, and navigation (PNT) services for lunar missions. Lockheed Martin will produce and deliver the Parsec spacecraft to Crescent, and the first nodes are expected to launch in…

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 […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]