:

South Korea Requests $1.91 Billion In Aegis Combat System

Tuesday, June 30th, 2015

SHARE:

The State Department approved a possible $1.91 billion Foreign Military Sale (FMS) request to South Korea for Aegis Combat Systems and associated equipment, parts and logistical support.The Defense Security Cooperation Agency (DSCA) notified Congress of the potential sale on June 9.The primary contractors would be Lockheed Martin [LMT], Raytheon [RTN], and General Dynamics [GD]. Offset agreements are requested, but they are unknown at the time of notice and are to be determined during negotiations between South Korea and contractors.The requested…

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]