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Lockheed Martin [LMT] successfully conducted two tactical ballistic missile interception tests with the Patriot Advanced Capability (PAC)-3 Cost Reduction Initiative (CRI) interceptors, the company said Thursday. The company, which builds these missiles, said the test occurred at White Sands ...

Mission Success: Lockheed Martin's PAC-3 Interceptor Test Proves Reliability PR Newswire DALLAS, Nov. 7, 2019 DALLAS, Nov. 7, 2019 /PRNewswire/ -- Two Lockheed Martin (NYSE: LMT) PAC-3 Cost Reduction Initiative (CRI) interceptors successfully intercepted two tactical ballistic missile targets ...

The Missile Defense Agency (MDA) awarded Raytheon [RTN] a modification to increase an undefinitized contract action by $267 million to build 24 more Standard Missile-3 Block IIA missiles. This modification, awarded Nov. 1,  increases contract line item 0014 value from $387 million to over $654 ...

Global Nuclear Fuel and X-energy Announce TRISO Fuel Collaboration PR Newswire ROCKVILLE, Md., Nov. 6, 2019 ROCKVILLE, Md., Nov. 6, 2019 /PRNewswire/ -- Global Nuclear Fuel (GNF) and X-energy today announced a collaboration to produce low-cost, high-quality TRi-structural ISOtropic (TRISO) ...

Visiongain Report: Military IFF Market to Hit Two-Billion-Dollar Benchmark by 2029 Military Identification Friend or Foe Market Forecast 2019-2029 Forecasts by Platform (Land - Ground-Based, Vehicle-Mounted / Airborne - Fixed-Wing, Rotary-Wing, UAV / Naval - Surface Vessels, Submarines), by System ( ...

A top Navy official last month said the service is reexamining the current carrier strike group readiness generation model because it may no longer fit today’s realities. “We recognize that we have to take a good hard look at it. We started that look last July and Admirals Grady and Aquilino, ...