The Pentagon held two days of talks with Lockheed Martin [LMT] this week to present its “should-cost” estimate for the fifth low-rate initial production (LRIP) phase for the F-35 Joint Strike Fighter, the program office said yesterday. The should-cost estimate serves as the basis for government negotiations with Lockheed Martin about the cost of the LRIP 5 production, said Joe DellaVedova, the spokesman for the F-35 Joint Program Office. It was arrived at through a Defense Department and JPO study…
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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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
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 […]