Aerospace Group:

Kuwait Joins PAC-3 Club With $308 Million U.S. Army Contract To Lockheed Martin

By Cal Biesecker

Friday, August 16th, 2013

SHARE:

Kuwait became the sixth and latest nation to procure Lockheed Martin’s [LMT] Patriot Advanced Capability-3 (PAC-3) missile segment program as the company in July was awarded a $308 million Army Aviation and Missile Command contract modification for the sale. The contract includes production of 244 hit-to-kill PAC-3 missiles, 72 launcher modification kits and associated tooling, as well as program management, according to a Lockheed Martin statement. This is the 14th production buy of the PAC-3 missile segment by the Defense…

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 […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]