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Army

Army To Seek Approval To Award Multi-Year Deals For GMLRS, PAC-3 Missiles In FY ‘24

By Matthew Beinart

Thursday, March 16th, 2023

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Army To Seek Approval To Award Multi-Year Deals For GMLRS, PAC-3 Missiles In FY ‘24

GMLRS Alternative Warhead Firing Photo: Lockheed Martin

The Army plans to seek congressional approval to award multi-year procurement contracts for GMLRS rockets and Patriot Advanced Capability (PAC)-3 missiles in fiscal year 2024, officials confirmed this week. Army Secretary Christine Wormuth and Doug Bush, the service’s top acquisition official, both cited cost savings and industrial base stability as key factors associated with pursuing multi-year deals for the two Lockheed Martin [LMT]-built munitions. “We are looking in FY ‘24 to work with Congress to be able to get multi-year…

Army

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

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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

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Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]