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Business/Financial

Lockheed Martin Receives $194 Million For Army ATACMS

DDN

Tuesday, February 12th, 2008

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Lockheed Martin [LMT] announced the award of $194 million from the Army Aviation & Missile Command for production of the combat-proven Army Tactical Missile System (ATACMS). The contract includes the ATACMS Quick Reaction Unitary and the Block IA Missiles. ATACMS is a long-range missile artillery round designed specifically for destroying high-priority targets at ranges up to 300 kilometers. Able to deliver a wide variety of warhead options, it can operate in all climate and light conditions while remaining beyond the…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]