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.…
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Congress Updates
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off
Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]
Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia
As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
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 […]
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