Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
Lockheed wins NGI, shaping new missile defense industrial order for a generation
Lockheed Martin has bested Northrop Grumman in a contest to build the Next Generation Interceptor, a development that establishes for a generation the beginning of a new order in the U.S. missile defense industrial base that will be filled out soon when a contest between Raytheon and Northrop is settled for the Glide Phase Interceptor.
MITRE raises concerns over CMMC program costs to address assessment gaps, accommodate maturity model changes
MITRE has raised issues with potential costs for contractors who want to do business with the Defense Department in addressing assessment gaps and accommodating for potential future changes in the maturity model for the upcoming Pentagon cyber certification program, in response to a proposed rule to implement the program.
Space Force releases Commercial Space Strategy
COLORADO SPRINGS, CO -- The Space Force has released its long-awaited Commercial Space Strategy, which offers descriptions of what capabilities the service will seek and what processes it will create to ensure commercial integration.
Marine Corps selects three contractors for Organic Precision Fires-Light development
The Marine Corps has selected Teledyne FLIR, Anduril Industries and AeroVironment to develop and deliver Organic Precision Fires-Light (OPF-L) -- a loitering munitions system intended to provide infantry Marines with a beyond-line-of-sight, precision-strike capability.
Navy looks to enter block buy for CH-53K airframes
The Navy is asking Congress for the authority to enter into a block-buy contract during fiscal years 2025 or 2026 for up to 37 CH-53K helicopter airframes, according to a legislative proposal submitted by the Defense Department on Friday.
Army to hold competitive howitzer evaluation in FY-25
After hosting an industry day to evaluate existing capabilities, the Army plans to hold a competitive evaluation for a new self-propelled 155mm howitzer in fiscal year 2025.
Hexcel announces new CEO
Hexcel announced today that its board of directors has appointed Thomas Gentile as CEO and president of the company.
Appropriators send bipartisan signals for possible move against defense budget cap
Senior House and Senate appropriators last week said they believe the congressionally mandated cap on fiscal year 2025 defense spending is too low to address the Pentagon's requirements and signaled that they intend to do something about it.
Air Force fleet will continue to hollow out as service balances readiness and modernization
The Air Force's aircraft inventory is on track to remain under 5,000 "for the remainder of the budget horizon," the service's top planner said, hinting it could even drop close to 4,000 by 2029.