:

Army

Lockheed Martin Tops L-3, DynCorp, For Army Helo Maintenance

By Cal Biesecker

Wednesday, June 26th, 2013

SHARE:

Lockheed Martin Tops L-3, DynCorp, For Army Helo Maintenance

Lockheed Martin [LMT] yesterday said it prevailed over incumbents L-3 [LLL] and Dyncorp International as it received an aircraft maintenance and logistics contract with an initial funding value of $5 million to provide field and sustainment-level maintenance for U.S. Army helicopters from the Army Contracting Command, Redstone Arsenal, Ala. The initial contract funding provides for transition from the incumbents and program management. The transition began April 19 and the contract itself begins July 29, the company told Defense Daily. Under the…

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

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]