Friday, May 31, 2024
Friday, May 31, 2024
This Friday INSIDER Daily Digest has news on the naval submarine industrial base, the Army's AN/TPQ-53 radar system and more.
Speaking this week at the Naval Submarine League Symposium, Executive Director of Strategic Submarines Matt Sermon said two recent industrial base studies performed by the Pentagon’s cost assessment and program evaluation office indicate the submarine industrial base is "gated by workforce":
Navy tackling workforce development to meet submarine goals
Hiring and retaining a robust workforce is the key challenge the submarine industrial base must overcome to reach the Navy's desired production rate of one Columbia- and two Virginia-class submarines each year, according to a senior official.
The Army increased its acquisition objective for the AN/TPQ-53 radar system to 217 in fiscal year 2023, the service's acquisition office confirmed to Inside Defense this week:
As Army increases Q-53 acquisition goal, Lockheed envisions multimission role for radars
SYRACUSE, NY -- With the Army continuing to increase its acquisition target for the AN/TPQ-53 radar system, manufacturer Lockheed Martin is envisioning a future for the radar that serves multiple missions, including a counter-drone capability.
Boeing ran a flight test of the third F-15EX fighter aircraft last week:
F-15EX flyaway costs between $90-97 million, Boeing prepares lot 1B delivery
F-15EX Eagle II jets will cost between $90 million and $97 million each, according to the Air Force, after the service awarded Boeing a $3.9 billion contract for 48 of the fighters.
Deputy Pentagon Press Secretary Sabrina Singh told reporters this week that ongoing fiscal gridlock in Congress has forced DOD to "meter out our support" for Ukraine:
DOD says it has $1B left to replenish U.S. weapons sent to Ukraine
The Defense Department has $1 billion remaining to replenish U.S. weapons transferred to Ukraine and has been shrinking its military packages, while Congress remains at odds over President Biden's request for an emergency security spending package.
Rheinmetall executives discussed the company's quarterly earnings this week:
Rheinmetall sales increase while competing for Army contracts
Rheinmetall reported a sales increase during the third quarter of 2023 with stronger earnings expected as the company competes for several Army contracts, according to an earnings call the company held yesterday.