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Business/Financial

Lockheed Martin Teaming with Universities for Sandia Bid

Alissa Tabirian

Monday, July 25th, 2016

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Lockheed Martin Teaming with Universities for Sandia Bid

Incumbent Lockheed Martin [LMT] said Monday it has teamed with the Purdue, New Mexico State, and New Mexico Tech universities to bid on the Sandia National Laboratories management and operations contract. The announcement clarifies the cooperative arrangement that was still unclear when Lockheed Martin disclosed early last month its intent to bid to retain the contract.The Sandia National Laboratories produce non-nuclear components for nuclear weapons and develop systems to ensure the reliability of the U.S. nuclear arsenal for the National…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]