Raytheon [RTN] yesterday said it received an Army contract consisting of two phases and valued at about $65 million to develop and deliver a next generation guidance section for Joint Air-To-Ground Missile (JAGM) continued technology Development (CTD). Raytheon is competing with Lockheed Martin [LMT] on the JAGM program. In August, Lockheed Martin received a not-to-exceed $64.15 million contract also for guidance section work (Defense Daily, Aug. 20). Due to funding issues, the program was restructured to move forward incrementally in…
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Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
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