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Business/Financial

Lockheed Martin Extending Range of Navy’s Ship Launched Anti-Sub Missile

DDN

Thursday, January 15th, 2009

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By Geoff Fein Lockheed Martin [LMT] is developing a new extended range capability for the Navy's Mk 46 and future Mk 54 anti-submarine torpedo that will give the rocket Link 16 capability and enable the missile to be redirected in flight, according to a company official. The Vertical Launch Anti-Submarine Rocket-Extended Range (VLA-ER) is being developed using internal research and development (IRAD) funds, Steve Firestone, Lockheed Martin VLA business development manager, told reporters at a briefing in Arlington, Va., earlier…

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

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 […]

Congress

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 […]

Congress

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 […]