Lockheed Martin, Northrop Grumman and Harris Corp. are among the companies likely to play a major role in supplying a new US Space Force, according to analyst Byron Callan. Boeing's Phantom Express space plane being developed for the Defense Advanced Research Projects Agency could ultimately end up supporting the Space Force.
The sale of US military equipment to foreign buyers has reached $63 billion in 2018, showing the high demand for US defense products worldwide and the need for policies that support foreign military sales. "The race we are actually running, is a race for global influence and for 50 years the United States has set the standard for the race in global influence," Dak Hardwick of the Aerospace Industries Association said. "The question that we have -- and we think by some of these reforms we see are coming as part of the national implementation plan -- is who is going to make the rules for global influence for the next 50 years?"
The Air Force has selected Lockheed Martin to design its hypersonic Air-Launched Rapid Response Weapon prototype under a contract worth up to $480 million. Lockheed is also developing the Hypersonic Conventional Strike Weapon.
Lockheed Martin will deliver a trio of satellites to the Air Force for missile detection under a $2.9 billion contract. "We are focused on providing a missile warning capability survivable in a contested environment by the mid-2020s," Air Force Secretary Heather Wilson said.
Pratt & Whitney Canada foresees 15% growth in the business aviation market globally by 2027.
The Aerospace Industries Association and other defense groups are calling on Congress to pass reforms to the security clearance process. In a letter to lawmakers, AIA and others voice support for provisions in the Intelligence Authorization Act that would speed up background checks and address the massive backlog.
President Donald Trump has signed the $717 billion 2019 National Defense Authorization Act. "This measure continues to rebuild and repair our military while making needed reforms in the Pentagon," said Rep. Mac Thornberry, R-Texas.
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