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Congress Updates

House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report

The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]


HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup

The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]

Congress Needed Pentagon’s Iran Supplemental Request ‘Yesterday,’ HASC’s Wittman Says

A senior member of the House Armed Services Committee (HASC) said Wednesday that Congress needed the Pentagon’s Iran supplemental funding request “yesterday,” noting the ongoing lack of details from the […]


Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]



Commentary


Army

Lockheed Details Successful Propulsion Demo For PrSM Inc. 4 Design, Flight Test To Begin This Fall

Lockheed Martin [LMT] said Wednesday it has completed a “pivotal advanced propulsion milestone” for its Precision Strike Missile (PrSM) Inc. 4 design, adding it sets up flight testing of the […]



Navy/USMC

RTX Nabs $516 Million Contract For More SPY-6 Radar Support

The Navy awarded RTX [RTX] a $516 million modification on June 2 that exercises an option to continue integration and production support for the SPY-6 Air and Missile Defense Radar […]



Air Force

HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs

The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]



Business/Financial

Apex Raises $200 Million To Boost Hiring And Vertical Integration

Satellite bus manufacturer Apex on Friday said it raised more than $200 million in a new investment round to add more engineers, continue vertical integration of satellite production, and provide […]



Space

NGA Awards Planet $22M Luno B Option For Maritime Domain Awareness

The National Geospatial-Intelligence Agency (NGA) has awarded Planet Labs [PL] a $22 million option on a contract begun last year to provide unclassified artificial intelligence-enabled data analytics for U.S. Combatant […]