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Space

U.S. Air Force Awards Lockheed Martin Modification Worth Up to $4.9 Billion for Next Gen OPIR

Frank Wolfe

Monday, January 4th, 2021

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U.S. Air Force Awards Lockheed Martin Modification Worth Up to $4.9 Billion for Next Gen OPIR

Lockheed Martin-built Next Gen OPIR GEO Space Vehicle

The U.S. Air Force on Jan. 4 awarded Lockheed Martin [LMT] a modification worth up to $4.9 billion on the company's existing contract for the Next-Generation Overhead Persistent Reconnaissance (Next-Gen OPIR) satellite system for work associated with the manufacturing, assembly, integration, test, and delivery of three Next-Gen OPIR satellites and delivery of ground mission unique software and ground sensor processing software. "Additionally, this modification includes engineering support for launch vehicle integration and launch and early on-orbit checkout for all three…

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

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 […]