Thursday, April 18, 2024
Thursday, April 18, 2024
This Friday INSIDER Daily Digest has news on the Navy warning of the effects of the current continuing resolution, the Pentagon establishing an Office of Strategic Capital, the ongoing search for rare earth metals and more.
The Navy's top civilian is warning lawmakers about the problems that could ensue due to delays brought on by the current continuing resolution:
Del Toro warns of Navy 'trade-offs' if CR continues
Navy Secretary Carlos Del Toro has sent a letter to Congress warning that ongoing budget gridlock could cause the Navy to delay maintenance on ships and aircraft and force the service to make "trade-offs" to continue to operate.
Document: SECNAV's letter on CR
The Pentagon has set up a new Office of Strategic Capital:
DOD stands up new office to invest in scaling critical tech
A newly established Defense Department office aims to invest in critical technologies that can bridge the so-called acquisition "valley of death" and be fielded at-scale.
The Defense Advanced Research Projects Agency has launched a pair of rare-earth programs at a time in which supply chain challenges have risen to prominence for both the Pentagon and the United States more broadly:
Critical elements draw spotlight at DARPA as supply chain challenges gain prominence
Critical elements found in military systems ranging from precision-guided weapons to lasers are at the center of two recently kicked-off programs from the Defense Advanced Research Projects Agency.
The Army this week awarded a pair of multimillion-dollar munitions contracts aimed at re-stocking missile systems sent to Ukraine:
Army awards $431M contract to Lockheed Martin for HIMARS
The Army awarded a $430.9 million contract on Thursday to Lockheed Martin for the production of the M142 High Mobility Artillery Rocket Systems, with the goal of replenishing Defense Department stocks and supporting allies and partners, the service announced.
Army awards contract for more than $1B in missile system batteries, training, support for Ukraine
The Army awarded a contract to Raytheon Missiles & Defense for up to $1.2 billion to provide missile defense system batteries, training and support for Ukraine's military and security, the service announced Wednesday.