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Saudi Arabia Recives Go Ahead to Buy Lockheed Martin’s Littoral Combat Ship

Friday, October 23rd, 2015

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Saudi Arabia is poised to become first foreign buyer of Lockheed Martin’s [LMT] Freedom-class Littoral Combat Ship after receiving State Department approval for a four-ship order.The Defense Security Cooperation Agency announced Oct. 20 that Congress had been notified of an estimated $11.25 billion sale that includes four Multi-Mission Surface Combatant (MMSC) ships— the name given to the Saudi LCS variant—and associated equipment, parts and logistical support. Congress has 30 days to block the potential sale.The MMSC, like its U.S. brethren,…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

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 […]