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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

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

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The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]