By Geoff Fein The Navy earlier this week awarded Boeing [BA]-Argon ST; Lockheed Martin [LMT]; and Northrop Grumman [NOC]-L3 Communications [LLL] teams each $1.25 million contracts to develop the program requirements and potential system concepts for the service's replacement for the EP-3 aircraft. "The contracts will allow industry to work with the Navy to analyze the current requirements for the EPX system and will further develop the concepts, cost and schedule for the program," said Capt. Joe Rixey, Maritime Patrol…
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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 […]
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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 […]
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 […]