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Army

Lockheed Martin Receives $64 Million To Move JAGM Forward

By Cal Biesecker

Monday, August 20th, 2012

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Lockheed Martin [LMT] Friday received a not-to-exceed $64.15 million value contract for Joint-Air-To-Ground Missile (JAGM) guidance section work in the Extended Technology Development (TD) Phase. The JAGM Extended TD Phase will address affordability and reduce overall risk before entering the Engineering and Manufacturing Development (EMD) Phase by adopting an incremental strategy for qualification of the JAGM guidance section, according to the Program Executive Office, Missiles and Space which, in conjunction with the Aviation and Missile Command, issued the contract. Additionally,…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]