Saturday, April 20, 2024
Saturday, April 20, 2024
This Wednesday INSIDER Daily Digest has news on inflation relief for defense contractors, Navy unmanned programs and more.
An amendment offered by Sen. Kevin Cramer (R-ND) would give the Defense Department the authority to provide contractors with an "economic price adjustment" to help against inflation:
New Senate amendment would allow DOD to modify contracts for inflation relief
The defense industry has thrown its support behind a new amendment to the Senate's version of the annual defense authorization bill that would allow the Pentagon to modify existing contracts to grant inflation relief to contractors.
The Navy is at the "precipice" in its decision-making for its unmanned programs, according to Capt. Jason Weed, the commodore of Unmanned Undersea Vehicle Squadron One:
Navy failing to make 'critical pivot' in unmanned investment
A Navy official says the service is facing challenges advancing unmanned systems due to risk aversion and congressional lawmakers who have parochial interests in capital assets.
Lockheed Martin executives say the Sentinel A4, which was previously selected to provide radar capabilities in defense of Guam, will improve the lethality of the National Capital Region Integrated Air Defense System:
Lockheed announces expanded Army radar acquisitions
The Army has selected Lockheed Martin's Sentinel A4 radar to replace legacy radars that contribute to the integrated air defense of the Washington area, the company announced.
Still circulating on Capitol Hill, a yet-to-be delivered letter from lawmakers addressed to Defense Secretary Lloyd Austin underscores the need to deliver next-generation engine technology "as quickly as possible" to the military services' fighter fleets:
Lawmakers back funding for adaptive engine tech development in FY-24
More than two-dozen lawmakers have signed a bipartisan letter urging the Defense Department to continue funding its adaptive propulsion efforts heading into the next budget cycle.
News from the Pentagon's latest Selected Acquisition Report on missile defense programs:
MDA tallies $226 billion tab for current project portfolio; cuts SM-3 Block IIA, boosts THAAD
The Defense Department has formally recalibrated the price tag for the Missile Defense System, dialing the total acquisition cost up to $226 billion, a $23 billion hike compared to the last formal accounting provided to Congress two years ago that doesn't necessarily reflect cost growth.
Our colleagues at Inside Cybersecurity have the latest Defense Department cyber news:
CISA, partners issue alert on threat actors targeting defense industrial base organization's network
An alert from the Cybersecurity and Infrastructure Security Agency and other federal agencies provides details on advanced persistent threat activity targeting a defense industrial base entity with a tool designed to extract sensitive information.