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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

Army’s FY ‘27 Budget Backs Munitions Boost Frameworks, Comptroller Notes Penalties For Delays

The Army’s fiscal year 2027 budget request fully backs new framework agreements with industry to increase production for a range of critical munitions over the next several years, a lead […]



Navy/USMC

Navy Still Studying Fifth Shipyard, Weighing Against More Shifts At Existing Yards

NATIONAL HARBOR, Md. – The Navy’s top officer Monday said the service is still looking at a potential fifth naval shipyard, but is also balancing the concept against adding more […]



Air Force

Air Force FY 2027 Budget Includes $1.4 Billion For Airbase Air Defense Against Missiles, Drones

The Air Force’s fiscal 2027 budget includes $1.4 billion for airbase air defense against missiles and drones–a $1.3 billion increase from last year’s appropriated amount, according to the service. Maj. […]



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

Space Force Budget Includes $1.8 Billion To Modernize Launch at Vandenberg And Cape Canaveral

Part of the Department of the Air Force’s $13.6 billion operations and maintenance (O&M) budget in fiscal 2027 for facility improvements–a $7.2 billion increase from last year’s appropriation–is to bolster […]