:

Pentagon

Raytheon, Aerojet Rocketdyne Reach Strategic Sourcing Agreement

Pat Host

Monday, June 6th, 2016

SHARE:

Raytheon, Aerojet Rocketdyne Reach Strategic Sourcing Agreement

A SM-3 during a test. Photo: MDA.

Raytheon [RTN] and Aerojet Rocketdyne [AJRD] have reached a "strategic sourcing agreement" that one Raytheon executive believes, if approved by the Defense Department, could save the military roughly $100 million.Raytheon Missile Systems Supply Chain Management Vice President John Brauneis told Defense Daily Monday the agreement with Aerojet Rocketdyne is a four-year deal that covers seven programs and nine products across all four services. He said these programs include the Standard Missile family of rockets, Tomahawk, Stinger, Griffin and Patriot GEM-T.Brauneis…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]