Aerospace Group:

Air Force

Lockheed Martin Wins $305 Million Air Force Contract For JASSM/JASSM-ER

Thursday, October 15th, 2015

SHARE:

Lockheed Martin Wins $305 Million Air Force Contract For JASSM/JASSM-ER

A B-1 releasing a JASSM. Photo: Lockheed Martin.

The U.S. Air Force awarded Lockheed Martin [LMT] a $305.4 million contract for the continued roduction of the Joint Air-to-Surface Standoff Missile (JASSM) and the Extended Ranger (ER) version, the company said Thursday.This contract is for Lot 13 production and includes 140 baseline JASSMSs, data, tooling, and test equipment for U.S. and international partners. This production lot is the largest JASSM-ER order thus far and brings the total missiles under contract to over 2,300, Lockheed Martin said.Both JASSM and JASSM-ER…

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 […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]