The Missile Defense Agency (MDA) has awarded Lockheed Martin [LMT] a $1 billion contract for continued development and evolution of the Aegis Ballistic Missile Defense (BMD) Weapon System, the company said recently. Under the terms of the contract, Lockheed Martin's Surface-Sea Based Missile Defense line of business in Moorestown, N.J., will design, develop, integrate, test, deliver and install further Aegis BMD capability for the United States and allied navies, the company said. "This contract will both continue the spiral development…
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White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0
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 […]
Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding
Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]
House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense
House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]