Aerospace Group:

Air Force

Lockheed Martin Wins Space Fence, Raytheon Takes FAB-T

Pat Host

Monday, June 2nd, 2014

SHARE:

Lockheed Martin Wins Space Fence, Raytheon Takes FAB-T

Space Fence program view. Photo: Lockheed Martin.

Raytheon [RTN] Monday split a pair of big ticket Air Force contract awards by beating Boeing [BA] for the Family of Advanced Beyond Line-of-Sight Terminals (FAB-T) contract but losing out to Lockheed Martin [LMT] for Space Fence. Raytheon was awarded a $298 million firm-fixed-price and cost-plus-fixed-fee modification for FAB-T command post terminals (CPT), according to a Defense Department statement. As a result of this decision, low-rate initial production (LRIP), full-rate production (FRP) and interim contractor support contract options may be…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]