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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.…

Congress

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 […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]