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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…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]