The Air Force on Feb. 29 awarded the final other transaction agreements (OTA) to Aerojet Rocketdyne [AJRD] and United Launch Alliance (ULA) for shared public-private investments in rocket propulsion system (RPS) prototypes, according to a service statement.The award to Aerojet Rocketdyne is for development of the AR1 rocket propulsion system. The initial government investment is $115 million. The other award, to ULA, is for the development of the Vulcan/BE-4 and ACES rocket propulsion systems. The initial government investment for ULA…
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Congress Updates
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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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