Lockheed Martin aims to nearly double production for Javelin anti-tank missiles from 2,100 to 4,000 per year, but it needs the supply chain to “crank up,” said its chief executive, Jim Taiclet.
The report accuses officials of overruling Pentagon recommendations to give $700 million in low-interest loans to YRC Worldwide Inc., now known as Yellow Corp.
Spiking inflations’s potential effect on the Pentagon has emerged as a line of attack for Republicans who argue President Joe Biden’s defense budget was already treading water when it was introduced Monday.
Senate lawmakers finalized a $1.5 trillion spending bill late Thursday that provides $13.6 billion in new aid for Ukraine and gives funding stability for the Defense Department for the rest of the fiscal year.