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Space

USAF Awards Raytheon $77 Million For Infrared-Guided Maverick Missiles

DDN

Monday, September 28th, 2009

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The Air Force recently awarded Raytheon [RTN] a $77.4 million Foreign Military Sales contract to produce AGM-65D and AGM-65G2 infrared-guided Maverick air-to-surface missiles for Korea and Taiwan. "Integrated on more than 25 aircraft, Raytheon's Maverick is an affordable, combat-proven missile with a history of on-cost and on-schedule delivery," said Harry Schulte, vice president of Raytheon Missile System's Air Warfare Systems' product line. "Maverick is a best-value solution for the warfighter who needs a direct-attack weapon." The AGM-65 Maverick family of…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]