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Lockheed Martin Wins Follow-On Development Work For Submarine Sonar System

DDN

Wednesday, January 19th, 2011

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By Carlo Munoz The Navy has awarded Lockheed Martin [LMT] an $83.8 million contract to continue to provide sonar systems for the sea service's submarine fleet, according to service and company statements. Under the terms of the deal, Lockheed Martin will "design and manufacture hardware" for the Acoustic Rapid Commercial-Off-the-Shelf (A-RCI) program, according to a Jan. 13 Navy contract notice. Overseen by Naval Sea Systems Command, "the contract provides funding for the development and production of the A-RCI and common…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]