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Army

Army Awards Lockheed Martin $430.9 Million To Help Replenish HIMARS Stockpiles

By Matthew Beinart

Friday, December 2nd, 2022

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Army Awards Lockheed Martin $430.9 Million To Help Replenish HIMARS Stockpiles

A High Mobility Artillery Rocket System (HIMARS) rocket launch.

The Army on Thursday awarded Lockheed Martin [LMT] a $430.9 million production contract for High Mobility Artillery Rocket System (HIMARS) launchers to help replenish stockpiles of the weapon sent to Ukraine. “This award will enable us to replenish our own inventory while providing critical capabilities for our allies and international partners,” Doug Bush, the Army’s top acquisition official, said in a statement. “We remain committed to getting things on contract as quickly as possible to ensure our stocks are rapidly…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]