Breaking Defense is reporting that Republicans are still pushing for a record-setting $1.5 trillion defense budget, though it said the way ahead on Capitol Hill is not yet clear. It said officials are planning for the Defense Department's funding future with the midterm elections approaching.
Northrop Grumman is eyeing munitions supply work while Lockheed Martin is eyeing funding, according to the outlet. It said Northrop CEO Kathy Warden told investors at the Morgan Stanley conference that the company is taking the opportunity to work with partners it has not worked with before, show them its products, and define its path to gaining share on those weapons.
Breaking Defense also reported that the U.S. military wants authorization to repair its systems without contractor support, which it said at the moment is easier said than done.
The outlet additionally reported that Feinberg held a closed-door meeting on Capitol Hill.