The Network · 2026-03-25 15:27:27 · Bloomberg Markets
The Pentagon is moving to redirect approximately $1.5 billion in already-approved funds to urgently purchase missile interceptors from defense giants Lockheed Martin and RTX. This financial maneuver, confirmed by the acting comptroller, is a direct response to the intense munitions consumption of the ongoing war in Ira...
The Network · 2026-03-25 19:57:32 · Bloomberg Markets
The Pentagon is moving to reallocate roughly $1.5 billion in previously approved funding to urgently purchase critical missile interceptors from Lockheed Martin and RTX. This scramble for munitions, confirmed by the acting comptroller, is a direct response to the war in Iran consuming vast amounts of existing stockpile...
The Network · 2026-03-25 20:27:05 · Bloomberg Markets
The Pentagon is moving to reallocate roughly $1.5 billion in previously approved funding to urgently purchase critical missile interceptors from Lockheed Martin and RTX. This push, confirmed by the acting comptroller, comes as the ongoing war in Iran consumes vast amounts of munitions, exposing critical gaps in U.S. st...
The Network · 2026-03-30 18:27:16 · Ars Technica
The U.S. Space Force's $8 billion effort to modernize its GPS command and control network has failed to deliver a working system after 16 years of development. Despite officially taking ownership of the Next-Generation Operational Control System (OCX) last year, the software remains non-operational, leaving the militar...