By Marina Malenic The Air Force last month awarded Raytheon [RTN] $34.4 million to continue design work on the AGM-65E2/L laser-guided Maverick missile, the newest variant of the Maverick, company officials said last week. The contract requires Raytheon to develop, integrate and test the missile's guidance and control section. "This is a case of keeping a legacy weapon relevant," Steve Dickman, senior manager for Maverick programs at Raytheon, told reporters during a Sept. 30 interview at the company's missile facilities…
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Congress Updates
House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense
House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]
Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns
Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]
Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost
Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]
CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million
The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]