The INSIDER daily digest -- June 21, 2024

By John Liang / June 21, 2024 at 3:16 PM

This Friday INSIDER Daily Digest has news on RTX losing a satellite warning contract, the U.S. shipbuilding industry getting a foreign boost and more.

RTX didn't meet expectations on a satellite warning system and its contract has subsequently been canceled:

RTX cut from MEO missile warning/missile tracking program

As Space Systems Command attempts to quickly field its missile warning/missile tracking satellites, it has canceled a contract with RTX for failing to meet cost and timeline schedules.

At least one lawmaker thinks U.S. shipbuilders will need foreign workers to build submarines for Australia:

Kaine: Increasing shipbuilding workforce will require immigration reform

Expanding the defense industrial base workforce to produce the Virginia-class submarines needed to satisfy the AUKUS security pact will require immigration reform, according to Sen. Tim Kaine (D-VA).

Pending regulatory approvals, South Korean shipbuilder Hanwha has reached a purchase agreement with the current owner of Philly Shipyard, Norwegian investment group Anker ASA:

SECNAV endorses South Korean shipbuilder Hanwha's $100 million bid to buy Philly Shipyard

A $100 million offer from South Korean shipbuilder Hanwha Systems and Hanwha Oceans to buy the Philadelphia-based Philly Shipyard has the support of Navy Secretary Carlos Del Toro, who has previously encouraged foreign investment in the U.S. industrial base.

A senior Republican on the House Armed Services Committee thinks "negotiated, fixed-cost contracts is the way to go on software":

Wittman: Fixed-price deals are the 'way to go' on software

As the Air Force shifts its primary acquisition model to favor software above platforms, House Armed Services tactical air and land forces subcommittee Chairman Rob Wittman (R-VA) said firm, fixed-price contracts are the best fit.

Rep. Mike Turner (R-OH) spoke this week about Russia's nuclear anti-satellite program:

Turner: Biden 'sleepwalking' on Russian nuclear ASAT threat

The Biden administration is "sleepwalking" in the face of the threat of a Russian nuclear weapon placed in space, the House Intelligence Committee's top lawmaker said today while calling for more information on the capability to be released publicly.

Jennifer Swanson, the Army deputy assistant secretary for data, engineering and software, spoke this week during a roundtable with reporters at the Pentagon:

Lack of sharable digital engineering data causing challenges for Army programs

A lack of ability to share digital engineering data caused challenges in the Army's next-generation infantry combat vehicle program, according to a service engineering official.