Category Archives: Budget Industry

House Panel to Hold Hearings on Navy Cruiser and Destroyer Modernization

House Panel to Hold Hearings on Navy Cruiser and Destroyer Modernization

A Standard Missile – 3 (SM-3) Block 1B interceptor is launched from the USS LAKE ERIE (CG-70) in 2013. Missile Defense Agency Photo

A Standard Missile – 3 (SM-3) Block 1B interceptor is launched from the USS LAKE ERIE (CG-70) in 2013. Missile Defense Agency Photo

Legislators are planning to hold hearings based on concerns over the Navy’s scheme to modernize its cruiser and destroyer fleet, according to a statement from the chairman of the House Armed Services Seapower and Projection Forces subcommittee provided to USNI News. Read More

House Panel Passes Defense Bill Limiting Cruiser Lay Ups and Funds Carrier Refueling

House Panel Passes Defense Bill Limiting Cruiser Lay Ups and Funds Carrier Refueling

Ticonderoga-class cruiser USS Bunker Hill (CG-52) on May 28, 2014. US Navy Photo

Ticonderoga-class cruiser USS Bunker Hill (CG-52) on May 28, 2014. US Navy Photo

The House Appropriations Committee (HAC) passed its version of the Fiscal Year 2015 defense appropriations bill which limits the number of Ticonderoga class cruisers the Navy can lay up as well as includes funds for long lead items for the midlife refueling of carrier USS George Washington (CVN-73), according to a version of the bill released on Tuesday. Read More

Lockheed: Marine Joint Strike Fighter on Final Approach to Initial Operational Capability

Lockheed: Marine Joint Strike Fighter on Final Approach to Initial Operational Capability

 A Marine F-35B joint strike fighter lifts off from the runway during the first short take-off and vertical landing mission at Eglin Air Force Base, Fla. on Oct. 25 2013. US Marine Corps Photo

A Marine F-35B joint strike fighter lifts off from the runway during the first short take-off and vertical landing mission at Eglin Air Force Base, Fla. on Oct. 25 2013. US Marine Corps Photo

Lockheed Martin has begun testing the final version of the F-35’s Block 2B software that the US. Marines need to declare the jet operational starting on June 9, company officials told reporters on Monday. Read More

Lockheed Outlines Post Littoral Combat Ship Pitch

Lockheed Outlines Post Littoral Combat Ship Pitch

An artist's conception for two variants of the Freedom-class LCS design provided to USNI News. Lockheed Martin Image

An artist’s conception for variants of the Freedom-class LCS design provided to USNI News. Lockheed Martin Image

Lockheed Martin outlined the range of options they presented to the Navy as part of the Pentagon mandated study into a follow-on ship to the Flight 0 Littoral Combat Ships in a media briefing on Monday.

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GAO Upholds Coast Guard Offshore Patrol Cutter Award

GAO Upholds Coast Guard Offshore Patrol Cutter Award

Coast Guard rendering of the planned Offshore Patrol Cutter. The service plans to announce the final three designs later this year. US Coast Guard Photo

Coast Guard rendering of the planned Offshore Patrol Cutter. The service plans to announce the final three designs later this year. US Coast Guard Photo

The Government Accountability Office has upheld three contract award made by the Coast Guard for preliminary and contract design (P&CD) for the service’s Offshore Patrol Cutter (OPC) — following two protests filed in February. Read More