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$2 billion added to shipbuilding budget, will pay for two Virginia-class subs


Senator Tim Kaine said the submarine increase to the NDAA, is a significant win.
Author: Mike Gooding
Updated: 6:43 PM EDT July 22, 2021
WASHINGTON The Senate Armed Services Committee has finished marking up the Fiscal Year 2022 National Defense Authorization Act.
U.S. Senator Tim Kaine (D-Virginia) is calling it a significant win.  
The committee has approved $24 billion for shipbuilding. That s $2 billion more than what the Biden Administration sought.
The measure would allow full funding to build two Virginia-class submarines, two Arleigh Burke-class destroyers, one Constellation-class Frigate and Expeditionary Fast Transport, and other support ships.
Additionally, the Senate version of the act provides $12.5 billion for ship repair and ship maintenance at public and private ship repair yards. Overall, Senators increased the defense bill budget by a total of  $25 billion. ....

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L3Harris Technologies Inc (LHX) Q1 2021 Earnings Call Transcript


L3Harris Technologies Inc (LHX) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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L3Harris Technologies Inc (NYSE: LHX)
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Greetings, and welcome to the L3Harris Technologies First Quarter Calendar Year 2021 Earnings Call. [Operator Instructions]
It is now my pleasure to introduce your host, Rajeev Lalwani, Vice President, Investor Relations. Thank you. You may begin.SPONSORED:
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DVIDS - News - Cross-Warfare Center Team Helps Build New Frigate Readiness Digital Model in Advance of Construction


13
Even before the hull of the first new Constellation-class Frigate (FFG), USS Constellation (FFG 62), is laid, a cross-warfare center team is developing a digital platform to predict whether its systems are ready for its mission before it leaves port.
That platform is known as the total ship Frigate Readiness Assessment Model (FRAM). Members of Naval Surface Warfare Center (NSWC), Port Hueneme Division (PHD) are developing and testing FRAM with input from NSWC Corona in Norco, California and NSWC Carderock in Bethesda, Maryland.
FRAM implements a holistic modeling and simulation approach for acquisition and sustainment of ships’ systems and parts using the same toolset as the soon-to-launch Model Based Product Support (MBPS) platform. It also makes use of existing data sets and digital models of various combat systems that have already been identified to be used on the new frigate. ....

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