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Raytheon Gains $100 Million In Patriot, Hawk Contracts From Saudi Arabia

Saudi Arabia gave two contracts to Raytheon [RTN] totaling more than $100 million for air defense missile systems and other work. One pact involves a multi-year deal for Raytheon to continue providing technical, training and logistics support from this year through 2009 for Saudi Patriot and Hawk air defense systems. The other is a contract extension to provide local support services this year. Patriot is a combat-proven air and missile defense system capable of simultaneously engaging and destroying threat aircraft,…

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Congress Updates

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 […]


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McConnell: “Safe To Conclude There Will Not Be A Third Reconciliation Bill”

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