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Congress Updates

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 […]


Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]



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

CNO Sees Role For Foreign Shipbuilders To Build And Maintain Some Auxiliary Ships, Invest In U.S.

The Chief of Naval Operations (CNO) on Monday said he envisions leveraging foreign shipyards to improve the U.S. Navy by having them maintain and build some auxiliary ships while investing […]



Air Force

Air Combat Command’s EOU Tests Anduril’s YFQ-44A

Last week, the Air Force’s Experimental Operations Unit (EOU) at Nellis AFB, Nev., tested an Anduril Industries YFQ-44A Fury prototype Collaborative Combat Aircraft (CCA), which flew from a company site […]



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

Air Force Let Development Contract For Space-Based AMTI; Meink Says Risk Low

COLORADO SPRINGS, Colo.—The Department of the Air Force has awarded a contract for space-based air moving target indication (AMTI) to multiple vendors to begin development activities, Air Force Secretary Troy […]