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Pentagon

Raytheon, Aerojet Rocketdyne Reach Strategic Sourcing Agreement

Pat Host

Monday, June 6th, 2016

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Raytheon, Aerojet Rocketdyne Reach Strategic Sourcing Agreement

A SM-3 during a test. Photo: MDA.

Raytheon [RTN] and Aerojet Rocketdyne [AJRD] have reached a "strategic sourcing agreement" that one Raytheon executive believes, if approved by the Defense Department, could save the military roughly $100 million.Raytheon Missile Systems Supply Chain Management Vice President John Brauneis told Defense Daily Monday the agreement with Aerojet Rocketdyne is a four-year deal that covers seven programs and nine products across all four services. He said these programs include the Standard Missile family of rockets, Tomahawk, Stinger, Griffin and Patriot GEM-T.Brauneis…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

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Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

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Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]