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Congress Updates

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

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 […]



Commentary


Army

Army Picks Lockheed For Future Interceptor Development Effort Estimated At $1.08 Billion

The Army has officially picked Lockheed Martin [LMT] for the Future Interceptor development effort, estimating a project value of $1.08 billion that includes a $423 million cost-sharing commitment from the […]



Navy/USMC

TOTE Awards HDUSA $269 Million To Build First Medium Landing Ship

Hanwha Defense USA (HDUSA) has won the first contract to build a Medium Landing Ship (LSM) for the Navy and Marine Corps, nabbing the $269 million award from TOTE Services […]



Air Force

USAF Looks to Advance STITCHES With Upcoming Contract to Lockheed Martin

The U.S. Air Force is looking to award Lockheed Martin [LMT] a sole source contract to advance the System-of-Systems Technology Integration Tool Chain for Heterogeneous Electronic Systems (STITCHES). “The effort […]



Business/Financial

Firehawk Raises $150 Million-Plus To Build Out Rocket Motor And Missile Integration Plants

Firehawk Defense on Wednesday said it raised over $150 million in a new funding round that will be used to keep building out its propellant and tactical rocket motor manufacturing […]



Space

Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment

U.S. Space Force Space Systems Command (SSC) is to award Boeing [BA] an up to $945.9 million contract to sustain company-built wideband and narrowband satellite communication systems, including Wideband Global […]