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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…

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Congress

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Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

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HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]