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Business/Financial

Lockheed Martin’s SEWIP Block 2 Completes PDR, CDR Set For 2011

DDN

Tuesday, August 3rd, 2010

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By Geoff Fein The Navy has approved Lockheed Martin's [LMT] preliminary design for the Surface Electronic Warfare Improvement (SEWIP) Block 2 upgrade program to defend surface combatants from anti-ship cruise missile threats, the company reported. With preliminary design review (PDR) under its belt, Lockheed Martin is now moving forward for the next milestone, critical design review (CDR), which will take place in the first quarter of 2011, Joe Ottaviano, program director for Lockheed Martin's SEWIP program, told Defense Daily recently.…

Advanced / Transformational Technology

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

The Pentagon’s chief technology officer has said the department may need to make “tradeoffs” on certain capability priorities if Congress doesn’t pass a reconciliation with $350 billion in requested defense […]

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]