:

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…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

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 […]