Tuesday, April 23, 2024
Tuesday, April 23, 2024
Army short-range air defense, the Joint Strike Fighter, some upcoming DBB studies and more highlight this Tuesday INSIDER Daily Digest.
A senior Army National Guard officer spoke this morning:
Army National Guard official outlines SHORAD plans
A short-range air defense unit will be sent to Europe next spring to augment the maneuver force, the chief of the 263rd Army Air and Missile Defense Command said this week.
Joint Strike Fighter news:
Defense Department reviewing JSF Block 4 time line due to budget concerns
The Defense Department plans to release a request for proposals for F-35 Block 4 follow-on modernization by the end of the year, but said in a Government Accountability Office report published April 24 it is evaluating those plans "in light of existing budget realities."
Document: GAO report on F-35 Joint Strike Fighter
Pentagon directs P&W analysis on supporting future F-35 work
The Pentagon plans to award Pratt & Whitney a contract to study how the company will support future Joint Strike Fighter flight test activity for follow-on modernization.
Keep an eye out for some upcoming Defense Business Board studies:
Work tasks DBB with two new studies to help DOD cut overhead costs
The Pentagon's No. 2 official has tasked the Defense Business Board with two new studies examining how private sector tools could help the Defense Department reduce its overhead costs.
Document: DBB terms-of-reference memos for pair of studies to help reduce overhead costs
A new Congressional Budget Office report is out:
CBO estimates Navy must spend $26.6 billion annually to build 355-ship fleet
In a new report, the Congressional Budget Office estimates it will cost the Navy $26.6 billion annually over the next 30 years to build a 355-ship fleet.
Document: CBO report on costs of building a 355-ship Navy
Lockheed Martin's quarterly earnings news:
Lockheed Martin reports increased quarterly sales, lower profit
The world's largest defense contractor said April 25 that while sales grew in the company's most recent quarter, profit declined because of several charges.
Some unmanned systems news:
General Atomics tells Navy accelerated acquisition is part of its culture
General Atomics is pitching the Navy that it is the best vendor for the MQ-25 Stingray program because accelerated acquisition is part of the company's culture, according to an executive.
Lawmakers want a special forces-centric submarine:
Congress wants a sub optimized to host special operations forces
Congress wants the Navy to design a submarine optimized to host special operations forces based on the Columbia-class ballistic missile submarine.