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Congress Updates

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 […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]



Commentary


Army

Lockheed Conducts Successful Test Redirecting GMLRS In-Flight With Datalink Package

Lockheed Martin [LMT] said on Wednesday it recently conducted a test demonstrating the ability to redirect a Guided Multiple Launch Rocket System (GMLRS) while in flight, which then successfully took […]



Navy/USMC

CNO Argues For Better Industry Contracting Relations, Promotes Finland Model

The Chief of Naval Operations (CNO) this week said the Navy needs to be a better partner with industry and provide better contracting horizons, but without lowering accountability. Speaking at […]



Air Force

Flight Demonstration of Frenzy 6 FAMM Candidate Engine Planned for Next Year

To meet projected demand for smaller drones and munitions, Beehive Industries, a propulsion startup firm, has developed a 100-pound version of the company’s Frenzy engine family, and the company said on […]



Business/Financial

Broad Strength Powers Leonardo DRS To Higher Earnings And Sales In Third Quarter

Leonardo DRS [DRS] on Thursday posted double-digit top and bottom-line gains in the third quarter due to strength across its operating segments. Net income rose 60 percent to $115 million, […]



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 […]