Friday, April 19, 2024
Friday, April 19, 2024
With earnings season underway, Lockheed Martin leads off this Tuesday INSIDER Daily Digest:
Lockheed Martin increases international sales goal
Sales in Lockheed Martin's most recent quarter hit $11.6 billion, up from $10.1 billion during the same three-month period a year earlier, the company reported Tuesday.
The Army will be making a big decision on its Future Vertical Lift aircraft this week:
Army updates RFI for Future Vertical Lift aircraft
The Army has clarified its requirements for the first Future Vertical Lift aircraft ahead of a key acquisition decision this week.
Document: Army's updated RFI for FVL CS-3
Keep an eye out for an Army analysis of alternatives on Mobile Protected Firepower:
Army's MPF cleared to begin analysis of alternatives
Mobile Protected Firepower, the Army's attempt to provide the Infantry Brigade Combat Team with additional lethality, transportability and protection, has been approved to begin an analysis of alternatives.
An unclassified update to DOD's space policy is due out soon:
DOD to release updated space policy within weeks
The Defense Department expects to complete its unclassified internal space policy review within a few weeks, according to the deputy assistant secretary of defense for space policy.
Continuing coverage of DOD's latest acquisition report:
In new report, Pentagon finds protests remain rare and sustainment rate is low
The Pentagon, in a new report, seeks to debunk the so-called "myth" that increased bid protests are evidence of a deteriorating source-selection process.
Document: DOD's 2016 report on 'performance of the defense acquisition system'
The Air Force's top civilian wants her service to find ways of countering enemy small unmanned aerial vehicles:
James: AF could counter threat of small UAVs using existing technologies
Air Force Secretary Deborah Lee James suggested this week that the service needs to "repackage" its existing technologies to counter the growing threat of small, unmanned aerial vehicles in the Middle East.
The Army wants industry to work on common standards for its ground combat systems:
Bassett seeks cost break from industry on open systems
The Army is working to bring forward common standards with which industry partners can comply, but requires greater cooperation from its vendors on costs, according to the service's program executive officer for ground combat systems.
News from this week's Inside the Navy:
Marine Expeditionary Unit hits 70 percent readiness rate with Osprey
The 13th Marine Expeditionary Unit recently deployed to the Middle East and the Asia-Pacific regions achieved an average readiness rate of 70 percent with its V-22 Ospreys, a marked improvement over past units using the tiltrotor aircraft.
Marines must determine by 2025 whether to pursue high-water-speed option
PORTSMOUTH, VA -- The Marine Corps must determine by 2025 whether to pursue a high-water-speed option getting troops from the ship to the beach or buy a slower wheeled or tracked vehicle to support its lift requirements.
Navy plans to release patrol boat replacement RFP by December
PORTSMOUTH, VA -- The Navy will meet with industry in early December to discuss designs for a new coastal patrol boat, with the service planning to subsequently release a request for proposals for the new craft by the end of this calendar year, according to a program official.
Missile Defense Agency not pursuing follow-on to SM-3 Block IIA interceptor
The Missile Defense Agency is not pursuing any follow-on capabilities to the Standard Missile-3 Block IIA interceptor the Pentagon is currently co-developing with Japan, according to agency officials.