Lockheed Gets Hybrid Launch Vehicle Work: Lockheed Martin officials say the Air Force has given the company a $2.5 million contract to participate in the Hybrid Launch Vehicle studies and analysis program, which is part of the Operationally Responsive Space initiative. The service already has enlisted Northrop Grumman in this effort to produce an HLV that would provide an affordable and reliably responsive means to launch small spacecraft. In a separate procurement, the Air Force will select two teams to design subscale HLV demonstrators, scheduled to begin work in Fiscal 2007.
The Air Force budget would grow to $234 billion while Space Force spending would shrink to $26 billion under the White House's yearly ask.