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Air Force

Lockheed Martin in ‘Late Stage Negotiations’ With Company to Create Solid Rocket Motor Provider

Frank Wolfe

Wednesday, September 20th, 2023

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Lockheed Martin in ‘Late Stage Negotiations’ With Company to Create Solid Rocket Motor Provider

Australian Defense Minister Pat Conroy examines the undercarriage of a P-8C Poseidon. Australia plans to equip the Poseidon with LRASM (Australian Defence Force Photo)

Lockheed Martin [LMT] is pursuing the creation of a provider of solid rocket motors beyond the two main suppliers--Northrop Grumman [NOC] through its 2018 buy of Orbital ATK and L3Harris [LHX] through its recent acquisition of Aerojet Rocketdyne. "We are endeavoring as a defense company to create another supplier," James Taiclet, the president of Lockheed Martin, testified at a Sept. 20 hearing of the House Armed Services Committee's cyber, information technologies, and innovation (CITI) panel in response to a question from…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

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Congress

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Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

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Congress

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The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]