:

South Korea Requests PAC-3 Missiles Worth $1.4 Billion

Friday, November 7th, 2014

SHARE:

The State Department has approved a possible $1.4 billion Foreign Military Sale (FMS) to South Korea for Patriot Advanced Capability (PAC-3) missiles and associated equipment, parts, and logistical support, the Pentagon said this week. The Defense Security Cooperation Agency (DSCA) notified Congress of the potential sale on Nov. 5. The primary contractors would be Raytheon [RTN] and Lockheed Martin [LMT] if Congress approves the deal. The requested sale includes 136 PAC-3 missiles with containers, two Flight Test Targets (Patriot-As-A-Target or…

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]