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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…

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 […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]