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Air Force

Raytheon’s Behind-Schedule AMRAAM Deliveries Were Due In January

Wednesday, March 28th, 2012

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Raytheon [RTN] was 193 Advanced Medium-Range Air-to-Air Missiles (AMRAAM) behind schedule when it was due in January to deliver its entire order to the Air Force, forcing the service to fine the company more than a half-billion dollars, according to an Air Force spokesman. As of Feb. 29, Raytheon delivered 359 AIM-120Ds against 552 required by contract—a difference of 193, Air Force Lt. Col. Jack Miller said in an email. Miller said the service fined the company $621 million--$419 million (in…

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 […]