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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,…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]