:

Army

Lockheed Delivers First Army Missile From New Production Plant In Arkansas

Thursday, August 10th, 2017

SHARE:

Lockheed Delivers First Army Missile From New Production Plant In Arkansas

The launch of an Advanced Tactical Missile System (ATACMS) unit. Photo: Lockheed Martin

Lockheed Martin [LMT] has delivered the first Army Tactical Missile System (ATACMS) unit to the Army from the company's new production facility in Camden, Ark.Lockheed is under contract to deliver 124 new ATACMS missiles to the Army and an unnamed international customer. The ATACMS program is in full-rate production at Lockheed's Precision Fires Production Center of Excellence in Camden.The company also is nearing completion of a development contract with the Army that enhances existing ATACMS missiles with upgrades to the missile electronics,…

Advanced / Transformational Technology

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

The Pentagon’s chief technology officer has said the department may need to make “tradeoffs” on certain capability priorities if Congress doesn’t pass a reconciliation with $350 billion in requested defense […]

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]