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The cost to maintain a weapon is more than twice the cost to build it, a GAO official said. Related storiesThe Army estimated that O&S costs for the Excalibur — first deployed in 2007 — had soared 183% since a baseline estimate in 2011. Still, all this does raise the question of whether higher maintenance costs for US military equipment at least partially result from problems with design and manufacturing. "We don't know the specific extent of O&S cost growth due to design problems or poor sustainment management," Maurer said. "In some respects, those problems could lower O&S costs because systems cannot fly, operate, or sail as often as planned.
Persons: , Ukraine —, Diana Maurer, Maurer, Michael Peck Organizations: US Army, Service, GAO, DOD, Department of Defense, Army, Navy, Air Force, US Navy, Raytheon, YouTube, US, EA, Hornet, Navy Multiband, Tactical Mission, Warfighter, Pentagon, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, China, Forbes
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. A year ago, the space agency was seeking budgets of $27.2 billion and $27.7 billion for 2024 and 2025, respectively. Moreover, NASA's budget remains a tiny fraction (less than 0.4%!) But the branch isn't exactly enthused, with Air Force Secretary Frank Kendall giving the 2025 request an "acceptable" grade. Space Force's budget has already surpassed NASA's, and the Pentagon is seeking $29.4 billion for the branch in 2025.
Persons: CNBC's Michael Sheetz, what's, Artemis, Frank Kendall, That's Organizations: House, NASA, Congress, Exploration Systems, Planetary Society, Air Force, Pentagon, Space Force, Security, NSSL
And it is claimed it also take out its targets for a tiny fraction of what current air defense missiles cost. In contrast, the Standard Missile-2 used by the United States Navy for air defense costs more than $2 million per shot. The DragonFire laser weapon is tested in January on a British firing range. UK Defense Ministry“It has the potential to be a long-term low-cost alternative to certain tasks missiles currently carry out,” a January statement from the UK Defense Ministry said. Meanwhile expensive air defense systems from Western allies have been crucial to Ukraine’s ability to defend itself from attacks by Russian missiles and drones.
Persons: , , Houthi, Leon Neal, ” James Black, DragonFire, Black, Grant Shapp, Iain Boyd, Boyd, Fred Pyle, ” Shimon Fhima Organizations: CNN, United Kingdom’s Defense Ministry, Defense Ministry, UK Defense Ministry, The Defense Ministry, United States Navy, ExCel, Getty, RAND, , Center for National Security, University of Colorado, Navy, Warfare, Breaking Defense, US Navy, Office, DOD Locations: Britain, Scotland, Ukraine, Gulf of Aden, Russian, London, England, RAND Europe, Ponce, Persian, USS Portland
Now we're pushing $10 billion in awards, to build more than 400 satellites, with seven companies in the mix. York Space has been tapped to make more satellites than anyone but Northrop Grumman, to the tune of $1.3 billion. – The Wall Street Journal / Deere Hyperspectral satellite imagery company Pixxel opens Bengaluru facility, a 30,000-square-foot facility in India for satellite manufacturing. – KeyBancBoldly goingKurt Vogel named as NASA associate administrator for the agency's space technology directorate, effective immediately, previously having been the director of space architectures at the agency. – NASAfor the agency's space technology directorate, effective immediately, previously having been the director of space architectures at the agency.
Persons: Yasin Ozturk, CNBC's Michael Sheetz, – Northrop, Lockheed Martin, L3Harris, Northrop Grumman, you've, Momentus, John Plumb, , Artemis, – SpacePolicyOnline, Tom Mueller's, Redwire, KeyBanc, Kurt Vogel, Chiara Pedersoli, Marco Fuchs, – OHB, – OHB Frank Di Pentino Organizations: SpaceX, . Space Force, Cape Canaveral Space Force, Anadolu Agency, Getty, Space Force, Space Development Agency, – Northrop Grumman, Lockheed, York, Space, Lab, Sierra Space, CNBC, CNBC NASA, Boeing, NASA, NASA ESA, Science, Technology, Industry, ISS, – NASA SpaceX, Deere, Street, Deere Deere, KKR Locations: Cape, Florida, United States, U.S, Brazil, Bengaluru, India
The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris , Lockheed Martin , and Sierra Space to build satellites for an expanding military system. These satellites will be for the "Tranche 2 Tracking Layer" of the satellite constellation, related to missile defense. Under the awards, each company will build 18 satellites — 16 for missile warnings and tracking, and two with missile defense infrared sensors. The fixed-price contracts are worth $919 million for L3Harris, $890 million for Lockheed Martin, and $740 million for Sierra Space, respectively. PWSA is a constellation designed to have hundreds of satellites in orbit, for greater resiliency and redundancy than previous U.S. military satellites.
Persons: Lockheed Martin's, Lockheed Martin, Derek Tournear Organizations: Lockheed, Pentagon, Sierra Space, Development Agency Locations: L3Harris, U.S
And each launch sent a shock wave whipping through every cell in the operator’s brain. For generations, the military assumed that this kind of blast exposure was safe, even as evidence mounted that repetitive blasts may do serious and lasting harm. In recent years, Congress, pressed by veterans who were exposed to these shock waves, has ordered the military to set safety limits and start tracking troops’ exposure. In response, the Pentagon created a sprawling Warfighter Brain Health Initiative to study the issue, gather data and propose corrective strategies. And last year, for the first time, it set a threshold above which a weapon blast is considered hazardous.
Organizations: Special Operations, Pentagon, Health Initiative Locations: Ozark
A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, on Nov. 1, 2022. The U.S. Space Force assigned 21 rocket launches to SpaceX and United Launch Alliance, worth about $2.5 billion in total, the military branch told CNBC. Space Force expanded the NSSL Phase 2 program significantly since naming SpaceX and ULA as its two launch providers in 2020. Space Force had previously announced that of mission assignments, 60% would go to ULA and 40% to SpaceX. The final Phase 2 assignments come as Space Force prepares to ramp up the NSSL program even further with Phase 3.
Persons: Lockheed Martin, Doug Pentecost, ULA, Elon, Pentecost, SpaceX's, ULA's Vulcan Organizations: SpaceX, Heavy, U.S . Space Force, Space Systems Command, Boeing, Lockheed, Falcon, Force's, Systems Command, Tuesday, United Launch Alliance, CNBC, USSF, Space Force, CNBC PRO Locations: Cape Canaveral , Florida, ULA, U.S
The Pentagon's Space Development Agency on Monday announced about $1.3 billion in contracts to York Space and Northrop Grumman to build communications satellites. Under the T2TL-Alpha awards, Northrop will build 38 "data transport" satellites for $732 million, while York will build 62 satellites for $617 million. Northrop's award to build Alpha variant satellites for T2TL comes months after the defense giant won an SDA order for Beta variants. In August, Northrop won a $733 million award to build 36 satellites for the T2TL-Beta segment of PWSA, alongside Lockheed Martin . The SDA has previously awarded contracts to build and operate satellites in its fleet to SpaceX and L3Harris, in addition to Northrop, York and Lockheed.
Persons: Northrop Grumman, Northrop, Lockheed Martin Organizations: Space Development Agency, York Space, Northrop, Alpha, Lockheed, Pentagon, Space Force, SpaceX, CNBC Locations: York
Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.
Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, , REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Low Earth orbit satellite constellations are all the rage, but up to this point they've been the prospective domain of commercial entities. SDA is about to launch the second mission of its constellation known as the "Proliferated Warfighter Space Architecture," or PWSA. The Transport satellites in Tranche 0 cost about $15 million each, according to Jennifer Elzea, the agency's chief of strategic engagement. Investing in Space programming note: I will be out next week, but back the following for the World Satellite Business Week conference in Paris!
Persons: Lockheed Martin's, CNBC's Michael Sheetz, Lockheed Martin, Chris Winslett, Winslett, Jennifer Elzea, Elzea, It's, Mike Eppolito, we'll, Eppolito Organizations: Lockheed, Space Development Agency, U.S . Space Force, Transport, Pentagon, SpaceX, Space Force, Command, PWSA, World Locations: tranches, York, Paris
The Pentagon's Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman for prototype communications satellites. Lockheed and Northrop will each build 36 of the prototype satellites, scheduled to begin launching by September 2026. Those "Tranche 0" satellites were the first effort to demonstrate the feasibility of SDA's network. In addition to communications, the SDA network aims to provide the U.S. military with features such as missile warning and tracking capabilities. SDA has previously awarded contracts to build and operate satellites in its fleet to York Space, SpaceX, Lockheed Martin, Northrop Grumman, and L3Harris .
Persons: Lockheed Martin, Northrop, Northrop Grumman Organizations: Space Development Agency, Lockheed, Northrop Grumman, Northrop, SDA, CNBC, Pentagon, Space Force, Department of Defense's, Command, Control, SpaceX
Russia's military claimed a prize hit in Ukraine: the German-made Leopard 2 main battle tank. But the video Russian officials released to prove it doesn't show a Leopard tank. Russia's Ministry of Defense then released a video compiling two views of the hit and claimed a major prize: a first strike on a German-made Leopard tank. Beyond the visuals, the video also offers another indication this wasn't a Leopard tank. We're not sure yet, but the Russian video offers clues.
Persons: , Samuel Bendett, That's, Russia's Organizations: Service, Ministry of Defense, CNA, Russian Locations: Ukraine, Ukrainian, Russia
It's an example of how some startups in Ukraine's dynamic tech sector are switching to pursue military projects. Pavlo Kartashov, director of the Ukrainian Startup Fund (USF), a government-backed organization that seeds technology startups, told Reuters his group resumed funding in October. Demand from the government has driven the shift to military technology, but most of the entrepreneurs who spoke to Reuters said that patriotic duty also played a role. "There are much more ideas in military technology," said Krasovsky, the founder and chief executive of Swedish-Ukrainian Sigma Software Group. Groups like the Polish-Ukrainian Start Up Bridge - a Polish-government backed venture - offer emerging Ukrainian tech companies small grants to fund basic business needs and a co-working space in Warsaw.
In November, F-15EX fighter jets fired missiles from their new weapon stations for the first time. The new outer wing weapon stations increase the F-15EX's payload over that of its predecessor. This Operational Flight Program Combined Test Force mission was the first Air Force test flight to validate the weapons could be fired effectively and safely from those stations. Now, the new pylons are equipped with two LAU-128 missile rails each, adding four missile stations to the payload. An F-15EX takes flight for the first time out of Eglin Air Force Base in April 2021.
US troops also have a new targeting system that makes the M777 even more precise. LCpl Samantha L. Jones/USMCIn 1979, the M198 155mm medium-towed howitzer entered service for the United States. While it would take two C-130s to deliver an M198 artillery system to the battlefield, the entire M777 setup could arrive in just one. That's more than all of the 155mm artillery rounds fired by the entire US military in the 2003 invasion of Iraq. US soldiers with the Joint Effects Targeting System Target Laser Designation System at Fort Greely in Alaska.
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