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Air Force

Lockheed Martin Taps Maritime Chief To Work On JSF Program

Friday, June 24th, 2011

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In a surprise move, Lockheed Martin [LMT] is turning to its maritime sector chief to work on the F-35 Joint Strike Fighter (JSF), a troubled program the company has bet much of its financial future on, according to sources. Lockheed Martin CEO Bob Stevens has asked Orlando Carvalho, president of the company’s Mission Systems and Sensors (MS2) unit since January 2010, to assist current F-35 program manager Larry Lawson because of his track record successfully executing programs, according to sources.…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

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