:

Air Force

Pentagon Holds F-35 ‘Should-Cost’ Talks With Lockheed Martin

Defense Daily Staff

Thursday, November 3rd, 2011

SHARE:

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…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

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 […]

Congress

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 […]

Congress

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 […]