Aerospace Group:

Lockheed Martin Eyes Saudi Arabia For Aegis Equipped LCS

DDN

Friday, June 26th, 2009

SHARE:

While Lockheed Martin [LMT] and the U.S. Navy continue to modernize the Aegis combat systems on Arleigh Burke-class destroyers and the ballistic missile defense capability of other surface combatants, the company is seeking international opportunities to expand its market for Aegis. One potential sale could be Saudi Arabia, as it looks to modernize its eastern fleet, Fred Moosally, president of Lockheed Martin Maritime Systems and Sensors, told reporters at a company briefing in Arlington, Va., earlier this week. Not only…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]