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DoD Reveals Six Recommendations to Move Ahead with Space Force

The Pentagon’s second-highest civilian official presented several recommendations that would help the department build a path to a Space Force during a National Space Council public meeting Oct. 23.Representing the Department of Defense (DoD) at the meeting, held at the National Defense University in Washington, D.C., Deputy Defense Secretary Patrick Shanahan announced six recommendations to…

Lockheed Martin Delivers Strong Third Quarter, Raises Earnings Guidance

Higher operating profits combined with lower taxes and pension expenses lifted Lockheed Martin [LMT] to a strong third quarter and the company once again increased its outlook for earnings this year.The defense contractor on Tuesday posted a 53 percent boost in net income to nearly $1.5 billion, $5.14 earnings per share (EPS), from $963 million…

Lawmakers Call For DoD IG Investigation Into $10 Billion JEDI Cloud Contract

Two Republican lawmakers on the House Appropriations Committee are requesting the Pentagon inspector general investigate the department’s proposal process for the controversial $10 billion Joint Enterprise Defense Infrastructure cloud contract Reps. Steve Womack (R-Ark.) and Tom Cole (R-Okla.) sent a letter Monday to the DoD IG expressing concerns that the Department of Defense remains committed…

AM General Receives $89 Million To Deliver 740 New Humvees For Army National Guard

AM General has received an $89 million deal to deliver 740 new Humvees for the Army National Guard and another $121 service support deal to integrate new capabilities on the vehicles over the next five years, the company said Tuesday.Deliveries of the new M1152A1 High Mobility Multipurpose Wheeled Vehicles (HMMWV) will begin in the second…

Pence Condemns ‘Tragic Murder’ of Saudi Journalist, Says Sanctions Are Up to Trump

Vice President Mike Pence said the U.S. government is working to obtain all the facts related to the murder of Saudi native and U.S. resident Jamal Khashoggi earlier this month, but will do so while attempting to maintain the U.S.-Saudi relationship.Khashoggi was last seen Oct. 2 entering the Saudi consulate in Instanbul, and White House…

Saab And Damen Reveal Details Of Dutch Sub Offering

Sweden’s Saab and the Netherlands’ Damen Shipyards revealed details on Tuesday about their offering for the Netherlands Walrus Replacement Program (WRES).The Royal Netherlands Navy currently has four Walrus-class expeditionary attack submarines that first came into service in the 1990s. In 2014 the government determined it needed to procure new replacement submarines to enter into service…

Raytheon Delivers RAM to Mexico, South Korea Tests SM-2

Raytheon [RTN] delivered its first Rolling Airframe Missile (RAM) launcher to Mexico this week and saw its Standard Missile-2 destroy aerial test threats in summer South Korean exercises, the company said Tuesday.The RAM delivery is the first to any Latin American country and is part of Mexico’s long-range off-shore patrol (POLA in Spanish) vessel program.The…