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Business/Financial

Raytheon: Low Cost Is NCADE Sales Point In Tough Fiscal 2010 Defense Budget; Cuts Looming

DDN

Monday, April 6th, 2009

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Raytheon Co. [RTN] will use the relatively low cost of the Network Centric Airborne Defense Element (NCADE) to help sell it to the Missile Defense Agency (MDA) and Congress in a newly brutal military budget environment, a senior Raytheon official said. Other tactics in the effort to keep the NCADE missile defense system funded include stressing the fact that it uses many already-developed hardware elements, and that it can be launched by military forces that already possess the Advanced Medium-Range…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]