Textron's [TXT] Marine & Land Systems yesterday said it was awarded a $64 million firm-fixed-price contract award from the Army Tank-automotive and Armaments Command (TACOM) for 88 M1117 Armored Security Vehicles (ASV) and M1200 Armored Knight vehicles. The award exercises options for 37 M1117 ASVs, 51 M1200 Armored Knights and associated support equipment. The work will be performed through the end of 2012 at Textron Marine & Land Systems' facilities in the New Orleans area. "The ASV is a versatile…
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Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]