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Raytheon Wins $2.4 Billion Contract To Provide Patriots To Qatar

Tuesday, January 6th, 2015

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Raytheon [RTN] received a $2.4 billion Foreign Military Sales (FMS) contract to produce new-production fire units of the Patriot Air and Missile Defense System for Qatar, the company said on Dec. 22.The contract contains the latest fire units, which includes increased computing power, greater radar processing efficiency, an improved man-machine interface, and reduced life-cycle costs.Qatar is a new Patriot customer and is becoming the 13th international Patriot customer. The contract is part of a modernization and recapitalization effort that Qatar…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]