By Ann Roosevelt Lockheed Martin [LMT] led the list of top five contractors with the Defense Department in fiscal year 2008, according to a White House web site. Lockheed Martin led the FY 2008 list with $25.5 billion in DoD contracts, followed by Boeing [BA] with $19.9 billion; Northrop Grumman [NOC] with $17.9 billion, General Dynamics with $13.8 billion and BAE Systems with $12.3 billion. The top four companies on the list have remained the same since FY 2000, the…
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Congress Updates
Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”
Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]
Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says
The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]
Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
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