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Army

Army Awards Lockheed, Raytheon New Javelin Production Deal Worth Up To $7.2 Billion

By Matthew Beinart

Thursday, May 4th, 2023

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Army Awards Lockheed, Raytheon New Javelin Production Deal Worth Up To $7.2 Billion

A Javelin missile is fired

The Army has awarded Lockheed Martin [LMT] and Raytheon Technologies [RTX] a production contract for Javelin anti-tank missiles potentially worth up to $7.2. billion, the service announced on Wednesday evening. Lockheed Martin said the deal, which covers fiscal years 2023 through 2026 and includes a base period for $1.02 billion, will support ramping up production of Javelins to 3,960 missiles per year by late 2026. “We understand the importance of delivering Javelin and its proven capabilities to our customers worldwide…

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

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Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

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Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]