The Insider

By Nickolai Sukharev
August 2, 2023 at 2:41 PM

(Editor's Note: This story has been updated to reflect that Oshkosh reported quarterly revenues of 17%, not 200%. The company also lost a JLTV protest to AM General, not General Dynamics.) 

Oshkosh announced the acquisition of the airport services firm Aerotech and reported revenues of more than 17% from its previous year, according to the company’s second-quarter earnings release.

“During the quarter we announced plans to acquire the AeroTech business from JBT Corp.,” said John Pfeifer, Oshkosh's president and chief executive officer during a Tuesday earnings call. “With this acquisition, we are even more confident in our Vocational segment’s ability to be a $3 billion plus revenue segment at attractive double-digit operating margins over time.”

AeroTech specializes in aircraft service vehicles, logistical vehicles and commercial airport services. The company’s defense segment produces vehicles used to service military aircraft at airbases.

Oshkosh acquired AeroTech from JBT Corp., an aviation conglomerate based in Chicago.

In revenues, Oshkosh reported sales of $2.4 billion for the second quarter of 2023, up from $2 billion in the second quarter of fiscal year 2022.

“We are pleased with our strong financial performance in the quarter, highlighted by significant growth in sales and operating income,” Pfeifer added during the call.

The company’s defense segment reported a decrease in revenue reporting $498.1 million in revenue in the second quarter of 2023, down from the $539.3 million reported in the second quarter of 2022.

Pfeifer said the revenue decrease was “expected” but added the company sees “income improvement” with more contract awards.

In June, the Government Accountability Office denied Oshkosh’s protest of the Army’s decision to award the next production phase of the Joint Light Tactical Vehicle to AM General. Pfeifer emphasized the company will continue to build the vehicle for the Army through the end of the contract in 2024 before focusing on international orders.

Oshkosh is also contracted to upgrade Stryker armored personnel carriers as well as build medium and heavy tactical trucks, all of which the company will continue to deliver for the Army, Pfiefer said.

In its non-defense businesses, Pfiefer added the company continues to get orders for its electric refuse collection vehicles and the electric postal vehicle, with revenues at $587.5 million in second quarter of 2023, up from the $551.8 million reported in the second quarter of 2022.

“We expect further growth in both sales and margins driven by numerous positive factors, which include improving supply chains, benefits from price cost, especially in the vocational segment,” he said.

By John Liang
August 2, 2023 at 2:16 PM

This Wednesday INSIDER Daily Digest has more details on the weapons contracts awarded to supply Ukraine in its fight against Russia's invasion, the Marine Corps looking at a U.S. facility to produce an Israeli interceptor missile and more.

An information graphic released by the office of the Pentagon's acquisition chief this week details $9.7 billion in Ukraine weapons replacement obligations:

DOD releases new details on replenishment contracts for weapons sent to Ukraine

The Defense Department has released a new compendium of information on $9.7 billion in contracts to replenish U.S. weapons that have been transferred to Ukraine.

R2S -- a partnership between RTX and Rafael -- initially announced plans for U.S.-based Tamir production in August 2020, indicating a site location would be finalized by year’s end. Today, R2S still has not announced a production facility location:

Marine Corps eyes Arkansas site for domestic Tamir interceptor production

Marine Corps representatives visited a location in Camden, AR, and met with U.S. defense contractor RTX and Israeli company Rafael to "discuss the possibility" of domestically producing the Tamir interceptor missile, according to a Tuesday service announcement.

In a July 27 memo, Under Secretary of Defense for Research and Engineering Heidi Shyu designated Navy Rear Adm. Douglas Williams to head the Missile Defense Agency while Air Force Maj. Gen. Heath Collins' appointment to lead MDA is held up over Sen. Tommy Tuberville's (R-AL) objection to DOD's women's health policy:

Tuberville blockade forces DOD to appoint newly promoted one-star to run MDA

The Pentagon's top technology development official has designated a one-star admiral to head the Missile Defense Agency until the nomination for a new director to fill the three-star billet -- one of many senior officer promotions being blocked by Sen. Tommy Tuberville (R-AL) -- is confirmed by the Senate.

Document: Shyu memo on new acting MDA director

The Army's decision to move the Armored Multi-Purpose Vehicle program into full-rate production comes in spite of concerns about the production rate for the vehicles noted by Congress last week:

AMPV moving to full-rate production

The Army has decided to transition the Armored Multi-Purpose Vehicle program into full-rate production, according to service acquisition chief Doug Bush -- a major milestone for the program that will eventually replace the M113 armored personnel carrier.

Last but by no means least, the latest cyber defense news from out colleagues at Inside Cybersecurity:

Defense ISAC sees challenge in contractor compliance with NIST proposed tailoring parameters for CUI

The use of "organization-defined parameters" in the National Institute of Standards and Technology's proposed update to its foundational controlled unclassified information publication could lead to a decline in the number of contractors in the defense industrial base, according to the leading info-sharing group for the defense sector.

By John Liang
August 2, 2023 at 10:06 AM

General Dynamics' board of directors has elected Laura Schumacher as an independent lead director, the company announced this week.

Schumacher has served on the GD board since February 2014. She's the former vice chairwoman for external affairs and chief legal officer of Abbvie, and was previously executive vice president, general counsel and secretary of Abbott Laboratories.

Schumacher also serves as a director of Crowdstrike Holdings, according to GD.

By John Liang
August 1, 2023 at 5:06 PM

The Defense Business Board will meet in closed session on Wednesday and Thursday, according to a Pentagon notice.

The meetings will include classified briefings from:

  • Space Force modernization and Joint Force integration from Vice Chief of Space Operations Gen. David Thompson;
  • Assessing innovation through the defense authorization bill from Deputy Defense Secretary Kathleen Hicks;
  • DOD current affairs from Defense Secretary Lloyd Austin;
  • Artificial intelligence/machine learning "scaffolding" from Joe Larson, deputy director of the Chief Digital and Artificial Intelligence Office for Algorithmic Warfare;
  • The Globally Integrated Wargame and recommendations from Air Force Lt. Gen. Dagvin Anderson, director for Joint Force development;
  • Joint Force Capabilities Integration from Chief of Naval Operations Adm. Michael Gilday;
  • The state of the National Guard from National Guard Bureau Chief Gen. Daniel Hokanson.
  • A classified update on the DBB Improving IT User Experience Study from DOD Chief Information Officer John Sherman;
  • The U.S. economic outlook and recent NATO Summit from White House Chief of Staff Jeff Zients; and
  • National Security Adviser Jake Sullivan.
By Tony Bertuca
August 1, 2023 at 3:21 PM

The Defense Department will not say what is included in a $345 million weapons package President Biden ordered for Taiwan because of operational security and the diplomatic sensitivity of the situation regarding China, according to DOD's chief spokesman.

The package, announced last Friday via presidential “drawdown” authority, will transfer weapon systems directly to Taiwan from U.S. stocks. The same authority is used for U.S. assistance to Ukraine, which DOD touts publicly with detailed documents and press conferences denouncing the ongoing Russian invasion.

But the package for Taiwan -- which China considers to be a renegade province -- is a different story.

“The reason why we are being more circumspect on this is due to operational security on the part of the Taiwanese as well as sensitivity to the diplomatic situation,” Pentagon Press Secretary Brig. Gen. Pat Ryder said today.

Biden’s order directing the weapons transfer to Taiwan said it includes “defense articles and services of the Department of Defense, and military education and training, to provide assistance to Taiwan.”

“I'm not going to be able to go into details into specific capabilities in the PDA,” Ryder said.

Previously released media statements from spokesman Lt. Col. Martin Meiners say the systems included “critical defensive stockpiles, multidomain awareness, anti-armor and air defense capabilities."

Ryder today would not confirm that the package included drone technology.

Defense Secretary Lloyd Austin told Senate appropriators on May 16 that a PDA was in the offing for Taiwan, but Republican lawmakers blamed the White House in the following months for allegedly dragging its feet for fear of angering Beijing.

Senate Armed Services Committee Ranking Member Roger Wicker (R-MS) released a statement Friday voicing his support for aiding Taiwan.

“I strongly support President Biden’s long-delayed choice to exercise the authority Congress provided him to arm Taiwan with real capabilities to defend itself,” he said. “This is exactly why Congress passed the Taiwan Enhanced Resilience Act, which allows the administration to transfer substantial amounts of U.S. defense articles and services to Taiwan. I urge the president to make use of the remaining authority as soon as possible.”

Wicker said he also looks forward to working with the Biden administration and other members of Congress to use foreign military financing to provide further assistance to Taiwan.

The Senate Appropriations Committee, meanwhile, has advanced a fiscal year 2024 defense spending bill that would allocate another $1.1 billion in PDA assistance for Taiwan.

By Nickolai Sukharev
August 1, 2023 at 1:55 PM

The Army has awarded a $93.9 million contract to Teledyne to procure additional small unmanned aerial vehicles over the next five years, according to a company announcement.

Teledyne will provide the Army with 8,000 Black Hornet reconnaissance small UAVs to augment squad and small unit surveillance and reconnaissance capabilities.

“The Black Hornet 3 gives warfighters up-to-the-minute situational understanding before and while they conduct missions,” JihFen Lei, executive vice president and general manager of Teledyne FLIR Defense, said in a press release. “These technologies are reshaping the modern battlefield.”

Weighing an ounce, the Black Hornet can fly up to 25 minutes, transmit live video and still images back to the operator in a contested environment with a low audio and visual signature within a 1.2-mile range.

Resembling a helicopter, the UAV is designed to allow soldiers to conduct reconnaissance missions in place of soldiers and minimize potential exposure.

A soldier can operate the UAV with a handheld controller and display unit, which functions as the main hub for soldiers to interact with the system, according to the Army’s Acquisition Support Center.

The project culminated the Army’s Soldier Borne Sensor program in which the service sought a small UAV for reconnaissance roles.

The service previously procured more than 4,000 Black Hornet 3 systems between fiscal years 2019-2023, according to Jason Amadi, an Army spokesperson.

The service did not solicit other bidders and the current deal is an indefinite delivery indefinite quantity contract with enough room for foreign military sales, Amadi added. The contract also includes the controller, spare parts and training.

Norway and the United Kingdom have donated 1,000 Black Hornets to Ukraine, who have utilized the UAV for reconnaissance roles during the ongoing Russian invasion. Teledyne has delivered more than 20,000 Black Hornets to military and security forces in over 40 countries.

The Army also operates the Skydio RQ-28A, a portable quadcopter that weighs less than five pounds, according to Amadi.

By John Liang
August 1, 2023 at 1:50 PM

This Tuesday INSIDER Daily Digest has news on the Air Force Life Cycle Industry Day conference, Navy unmanned systems and more.

We start off with coverage from the annual Air Force Life Cycle Industry Day conference in Ohio:

Air Force to release tanker recapitalization requirements next month

DAYTON, OH -- The Air Force will release a draft request for information with formal requirements for the KC-135A recapitalization by this September, Scott Boyd, deputy program executive officer for mobility aircraft, said yesterday.

Senate appropriators have thoughts on certain Navy unmanned systems:

Lawmakers seek market analysis to anchor LDUUV acquisitions

In another show of congressional support for large commercial unmanned underwater vehicles, Senate appropriators are calling on Navy Secretary Carlos Del Toro to conduct a market analysis of those platforms as a precursor to acquisition.

Senate lawmakers seek 'sustainable path' for MQ-25 Stingray

Noting production costs have skyrocketed by 230% since April 2020, the Senate Appropriations Committee supported roughly $800 million requested by the Pentagon to continue funding the Navy's multipurpose MQ-25 Stingray platform.

The White House late last week sent Congress a statement of administration policy on the Senate version of the fiscal year 2024 defense authorization bill:

Weapons provisions in Senate bill draw White House opposition

The White House has registered its disapproval over several weapons-related provisions in the Senate's version of the annual defense authorization bill -- some of which are also supported by the House -- according to a statement of administration policy released by the Office of Management and Budget.

White House opposes Senate move to reinstate DOD's chief management officer

The White House says it "strongly opposes" a provision in the Senate's version of the fiscal year 2024 defense authorization bill that would reestablish the position of the Defense Department's chief management officer, according to a statement of administration policy from the Office of Management and Budget.

Document: Statement of administration policy on Senate's FY-24 defense policy bill

On July 26, Air Force Lt. Gen. Gregory Guillot submitted answers to prepared questions to the Senate Armed Services Committee regarding his nomination to become the heads of U.S. Northern Command/North American Aerospace Defense Command:

NORAD tasked to detect, track, identify small uncrewed aircraft threats to White House, Capitol

North American Aerospace and Defense and U.S. Northern commands are spearheading an effort to detect, track and identify the emerging threat of attack by small uncrewed air systems on the White House, the Congress and other critically important locations in the wider National Capitol Region.

Document: Guillot APQs on NORTHCOM nomination

By Linda Hersey
August 1, 2023 at 7:30 AM

An industry day will launch Aug. 31 in Washington for vendors to learn about the Navy's plans to build medium landing ships (LSMs).

The goal of the industry day is to discuss LSM requirements with industry members and gather market research, according to a notice published Monday.

Participants are invited to connect with program managers, engineers and directors from Naval Sea Systems Command (NAVSEA) headquarters.

There will be briefings on technical, sustainment and cybersecurity requirements, among other issues, as well as a Q&A session.

No more than two participants per company will be allowed to attend. Respondents have until close of business Aug. 24 to pre-register. An agenda will be provided after registration.

The industry day aligns with the Navy’s plans to acquire its first LSM in fiscal year 2025, at a projected cost of $187.9 million.

For FY-24, the Navy is asking for $14.7 million in R&D funds for the program.

Incoming Marine Corps Commandant Gen. Eric Smith has emphasized the role of LSMs for operations in the Pacific.

In May, NAVSEA issued a request for proposals seeking to learn more about vendors with interest in detailed design and construction (DD&C) of LSMs.

Eligibility was limited to U.S. shipyards and/or U.S. engineering firms.

The Navy sought to hear from industry sources about estimates for construction schedules and whether vendors already had designs for LSMs that may be modified to meet requirements.

The Navy’s LSM program “envisions procuring a class of 18 to 35 amphibious ships” that would support the Marine Corps as it implements expeditionary advanced base operations (EABO), according to a Congressional Research Service report published in May.

EABO is a concept for deploying naval expeditionary forces from temporary locations within a contested maritime area environment.

By Linda Hersey
July 31, 2023 at 5:03 PM

The contract award announcement for the Navy's future EXX-TACAMO aircraft system has been moved back a month -- from September 2024 to October 2024, according to an amended draft request for proposals published today.

The release of the RFP from Naval Air Systems Command will take place in September instead of August. Development proposals are still due in January 2024.

The notice amends information related to “the PMA-271 “take charge and move out” (TACAMO) recapitalization program (E-XX) effort,” according to the announcement.

The draft RFP is focused on engineering and manufacturing development efforts within the E-XX TACAMO program.

E-XX TACAMO is the system that links secure communications between U.S. leaders and operators at strategic nuclear weapons delivery systems in times of crisis.

The Navy is asking for $213.7 million for research and development funding in FY-24 for E-XX TACAMO. The Navy expects to buy three aircraft in FY-27 and six more in FY-28.

By Tony Bertuca
July 31, 2023 at 4:15 PM

President Biden has decided to keep U.S. Space Command headquartered in Colorado Springs, CO, reversing an earlier Air Force decision made under President Trump that would have based it in Huntsville, AL, according to officials from the Pentagon and Capitol Hill.

The Associated Press first reported the news, which Deputy Pentagon Press Secretary Sabrina Singh confirmed for Inside Defense.

The decision is sure to ignite the passions of Alabama lawmakers, including House Armed Services Committee Chairman Mike Rogers (R-AL), who has been holding up Pentagon budgetary reprogrammings over the issue, and Sen. Tommy Tuberville (R-AL), who is blocking hundreds of Pentagon nominees over his opposition to the department’s travel and leave policies for servicemembers seeking abortion services.

Brig. Gen. Pat Ryder, the Defense Department’s chief spokesman, released a statement after the news broke saying the decision was made after “a thorough and deliberate evaluation process.”

“From the start, DOD and the Department of the Air Force have worked diligently to ensure the basing decision resulted from an objective and deliberate process informed by data and analysis, in compliance with federal law and DOD policy,” he said.

Keeping SPACECOM headquarters in Colorado Springs, Ryder said, “ultimately ensures peak readiness in the space domain for our nation during a critical period.”

“It will also enable the command to most effectively plan, execute and integrate military spacepower into multi-domain global operations in order to deter aggression and defend national interests,” he said.

Rogers released a statement pledging to investigate why the decision to locate the headquarters in his home state had been reversed.

“This fight is far from over,” he said. “The Biden administration’s shameful delay to finalize the permanent basing decision for U.S. Space Command warranted the opening of a Congressional investigation. I will continue this investigation to see if they intentionally misled the Armed Services Committee on their deliberate taxpayer-funded manipulation of the selection process. I will continue to hold the Biden administration accountable for their egregious political meddling in our national security.”

Rogers said previous investigations by the Defense Department inspector general and the Government Accountability Office found that Trump’s naming of Huntsville for the headquarters during his final days in office was lawful.

The IG, however, did recommend the Air Force create standard guidance for future basing decisions to make the process more transparent, while GAO found “significant shortfalls in the transparency and credibility” of the service’s search process and also recommended the creation of standard guidance to support basing decisions.

Trump himself also cast doubt on the process when he claimed in an August 2021 radio interview that he “singlehandedly” chose Alabama for political reasons.

Rogers, meanwhile, said Biden is choosing Colorado over Alabama because of “far-left politics, not national security.”

He has asked the Pentagon to preserve all documentation concerning the selection process.

Another Republican, however, released a statement praising the decision to keep SPACECOM in his home state.

“I commend the Biden Administration for prioritizing national security above political interests and keeping USSPACECOM in its rightful home at Peterson Air Force Base,” Rep. Doug Lamborn (R-CO) said in a statement.

“This decision aligns with the best military advice of countless senior military leaders who all agree that Peterson Space Force Base is the most viable option for USSPACECOM to reach full operational capability the fastest and is the best permanent home for its long-term operations,” he said. “Colorado Springs has always been the legitimate home of U.S. Space Command’s headquarters, and I am delighted that today’s decision validates this fact.”

SPACECOM is anticipated to bring in 1,400 troops and their families, along with civilian employees and contractors -- nearly 65% of which are currently in Colorado.

The command is on track to reach full operational capability later this year.

By John Liang
July 31, 2023 at 1:20 PM

This Monday INSIDER Daily Digest has news on AUKUS, Marine Corps Amphibious Combat Vehicles plus more coverage of the Senate Appropriations Committee's fiscal year 2024 defense spending bill.

We start off with the U.S-U.K.-Australia deal to supply the latter country with nuclear-powered, Virginia-class attack submarines:

Kaine expects Biden to deliver AUKUS supplemental

Sen. Tim Kaine (D-VA) said Friday he expects the Biden administration to offer a supplemental appropriations request that includes an "AUKUS-related investment" as a show of "good faith" for the pending deal to sell Australia three nuclear submarines.

Following a series of incidents in which Amphibious Combat Vehicles capsized during waterborne training exercises, the Marine Corps established a new Transition Training Unit (TTU) within its Assault Amphibian School in February to retrain and recertify operators:

Marine Corps' new Transition Training Unit begins certifying ACV operators

Amphibious Combat Vehicle operators are beginning to graduate from the Marine Corps' new certification program, service officials announced Friday, indicating the program aims to recertify approximately 300 previously licensed ACV operators by the start of fiscal year 2025.

The Space Force's Commercial Space Office could be getting more funding:

Appropriators add $40 million to Commercial Space Office budget

Senate appropriators have added $40 million to the budget for the Space Force's Commercial Space Office to test "direct tasking initiatives" for commercial space service, according to the report accompanying the Senate Appropriation Committee's fiscal year 2024 defense spending bill.

Senate appropriators would fully fund the $1.5 million proposed by the Navy for a Maritime Prepositioning Force Next (MPF-X) project as part of the service's portfolio of ship concept advanced design projects:

Navy plans to launch MPF-X in FY-24 pass muster with all four defense congressional panels

Navy plans to launch later this year are on track after the Senate Appropriations Committee proposed action that aligns with three other congressional panels overseeing Pentagon funding to back a proposal for the new-start project in fiscal year 2024.

Senators have also approved funding for Joint All-Domain Command and Control, an Army night-vision system as well as an "Advanced Defense Capabilities Pilot" program:

Senate appropriators call for consolidated acquisition process for JADC2

The Senate Appropriations Committee would have the Defense Department combine two of its command-and-control efforts under one program element to better sync capabilities, according to a report issued along with the committee's passage of its fiscal year 2024 defense spending bill Thursday.

Senate appropriators want cautious acquisition approach for IVAS

The Senate Appropriations Committee's fiscal year 2024 defense spending bill asks the Army to take a cautious, deliberate approach in fielding the latest variant of the Integrated Visual Augmentation System.

Senate appropriators move to establish new public-private pilot program

The Senate Appropriations Committee's fiscal year 2024 defense spending bill includes funding for a new program designed to enable the Pentagon to better "tap into innovative commercial solutions."

On July 26, Space Force Lt. Gen. Stephen Whiting submitted answers to prepared questions to the Senate Armed Services Committee regarding his nomination to become the head of U.S. Space Command:

SPACECOM plans to transfer non-military functions to Commerce Department

U.S. Space Command will transfer its non-military responsibilities of understanding space situational awareness to the Commerce Department in the next few years, Lt. Gen. Stephen Whiting, the nominee for SPACECOM commander, said July 26.

Document: Guillot, Whiting APQs on NORTHCOM, SPACECOM nominations

The Navy and Marine Corps are looking for "innovative, agile solutions" for long-range fires:

Navy issues RFI for new combat technologies

The Navy has issued a request for information on new combat technologies for bringing long-range firing capabilities and counter-C5ISR to the Pacific SCOUT experimentation campaign.

By John Liang
July 31, 2023 at 9:27 AM

Leidos and Microsoft announced today they have entered into a "strategic collaboration agreement" to work on government artificial intelligence efforts.

"A near-term priority for co-development is in the area of generative AI solutions to support organizational efficiency, enhanced productivity and cross domain applications," a Leidos statement reads.

Steve Hull, Leidos executive vice president for enterprise and cyber solutions, said: "This agreement will help enable co-innovation utilizing the latest cloud and AI technologies."

Leidos recently completed a successful migration of 20 critical support applications from an on-premise data center to Microsoft’s Azure Government cloud environment in support of the Navy. This migration was part of Leidos’ ongoing support of the Navy’s Next Generation Enterprise Network Service Management, Integration and Transport (SMIT) program, enabling the service to monitor, maintain and secure the Navy and Marine Corps Intranet (NMCI) "with increased efficiency and collaboration without compromising security," according to the Leidos statement.

"Our collaboration with Leidos will help accelerate adoption of cloud-driven solutions to improve our customers’ operations," said Angela Heise, corporate vice president of Microsoft's worldwide public sector business unit. “Leidos’ expertise in national security operations coupled with Microsoft’s advanced cloud, cyber, and AI technologies will enable our two organizations to develop innovative solutions to address a wide range of complex challenges faced by public sector organizations around the world.”

By Tony Bertuca
July 31, 2023 at 5:00 AM

Senior defense officials are slated to speak at several events this week.

Tuesday

The Air and Space Forces Association hosts an event with the senior enlisted adviser to the chairman of the Joint Chiefs of Staff.

Thursday

The Air and Space Forces Association hosts an event with the service's Expeditionary Center commander.

The East-West Center holds its virtual Indo-Pacific Maritime Security Exchange.

Friday

The Center for Strategic and International Studies hosts a discussion with Gen. Laura Richardson, chief of U.S. Southern Command.

By Apurva Minchekar
July 28, 2023 at 11:08 PM

L3Harris Technologies announced today it has completed the acquisition of Aerojet Rocketdyne.

“With national security at the forefront, we’re combining our resources and expertise with Aerojet Rocketdyne’s propulsion and energetics capabilities to ensure that Department of Defense and civil space customers can address critical mission needs globally,” L3Harris Chairman and CEO Christopher Kubasik said in the announcement.

According to media reports, the deal was closed at $4.7 billion, forming L3Harris' fourth business segment.

The acquisition diversifies L3Harris' portfolio, adding a considerable long-cycle backlog and broad expertise to enable missile defense systems, hypersonic and advanced rocket engine opportunities, the company said.

L3Harris also announced Ross Niebergall as the new president of the Aerojet Rocketdyne segment, who said: “We will expand on the strong Aerojet Rocketdyne heritage to enhance production and deliver on [customer’s] expectations.”

L3Harris said it will update its financial guidance in October for five months and then in January 2024, which will remain consistent with the rest of the portfolio that will be disclosed in the third-quarter earnings call, company Senior Vice President and Chief Financial Officer Michelle Turner said during the second-quarter earnings call yesterday.

By John Liang
July 28, 2023 at 1:46 PM

This Friday INSIDER Daily Digest has additional coverage of the Senate Appropriations Committee's fiscal year 2024 defense spending bill along with more news from defense contractors' quarterly earnings calls.

We start off with the FY-24 defense appropriations bill:

Senate appropriators addressing Army's industrial base needs in legislation

The Senate Appropriations Committee has included a number of provisions in its fiscal year 2024 defense spending bill that address the needs of the Army's industrial base capacity, particularly as the United States continues to send aid to Ukraine in its war with Russia.

Senate appropriators would add $200 million to shore-up Sentinel industrial base

The Senate Appropriations Committee would add $200 million to the Sentinel intercontinental ballistic missile budget in fiscal year 2024 to boost the industrial base supporting the nuclear modernization program.

Senate appropriators concerned the Army is not building enough tactical vehicles

The Army is falling behind in building tactical vehicles needed to meet requirements, according to the Senate Appropriations Committee.

Senate appropriators call for stability in Navy shipbuilding and budgeting

The Senate Appropriations Committee is calling on the Navy to "reintroduce stability and predictability" into shipbuilding and budgeting, highlighting increasing costs across ship acquisitions and a growing divide between the Navy's fleet requirements and its actual fleet size.

Senate wants Air Force to use reprogramming for past F-15EX purchases

The Senate Appropriations Committee is calling on the Air Force to change its acquisition strategies for the F-15EX fighter jet while also fully funding the purchase of 24 of the airframes in fiscal year 2024.

Lawmakers continue to support NSSL program

Senate appropriators will continue to support the Space Force's launch acquisition program and noted the program has contributed to stabilizing the launch market, according to the report accompanying the Senate Appropriations Committee's fiscal year 2024 defense spending bill.

We close out this INSIDER with coverage of Northrop Grumman's and L3Harris Technologies' quarterly earnings calls:

Northrop Grumman won't bid for Air Force NGAD

Northrop Grumman won't bid as a prime contractor for the Air Force's Next Generation Air Dominance platform, CEO Kathy Warden said Thursday, though she left open the possibility of bidding on the Navy's version.

L3Harris to close Aerojet Rocketdyne acquisition deal this week

L3Harris Technologies this morning announced the Federal Trade Commission would not block the company's Aerojet Rocketdyne acquisition and the deal is expected to close on or about July 28.