:

Air Force

Air Force Awards Raytheon 3DELRR Contract

Pat Host

Monday, October 6th, 2014

SHARE:

Air Force Awards Raytheon 3DELRR Contract

The Air Force on Monday awarded Raytheon [RTN] the widely-anticipated contract for its future air defense radar known as Three-Dimensional Expeditionary Long-Range Radar (3DELRR). Raytheon prevailed over Northrop Grumman [NOC] and Lockheed Martin [LMT], which also bid for the contract. Raytheon received Monday a $19.5 million fixed-price-incentive-firm contract for the initial engineering and manufacturing development (EMD) phase of the program. The contract includes the purchase of three radar systems. The total contract, including all options, is currently estimated at nearly $72…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]