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Congress Updates

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]


Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]


Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]



Commentary


Army

Sikorsky Details Growing International Demand For New Armed Black Hawk Mission Kits

NASHVILLE, Tenn.– Sikorsky [LMT] last week detailed its new Armed Black Hawk mission kits, noting there’s growing demand for the modular upgrade from international customers. Rich Benton, vice president and […]



Navy/USMC

Breaking: Navy Secretary Phelan Out

The Pentagon early Wednesday evening suddenly announced Secretary of the Navy John Phelan was immediately leaving the administration. Under Secretary of the Navy Hung Cao will serve as the acting […]



Air Force

USAF Examining Software, Construction Competition For Sentinel Program

The Pentagon is looking at competition in the software and support construction realms for the Northrop Grumman [NOC] future LGM-35A Sentinel ICBM, a top official said on Wednesday. The Air […]



Business/Financial

Rocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed

Rocket Lab [RKLB] on Tuesday said it closed its acquisition of optical communications terminal (OCT) supplier Mynaric AG for $155.3 million, $5.3 million more than the original deal terms announced […]



Space

Pentagon To Move Forward On AEP Upgrades For GPS, As DoD Cancels GPS OCX

The Pentagon has decided to end the GPS Next Generation Operational Control System (OCX) by RTX [RTX] and instead move forward on upgrades to the existing ground system for GPS, […]