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Air Force

Air Force Awards Lockheed Martin $172 Million for Long-Range Anti-Ship Missiles

By Vivienne Machi

Thursday, November 15th, 2018

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The Air Force on Thursday awarded Lockheed Martin [LMT] a $172 million fixed-price incentive-fee contract for Long Range Anti-Ship Missiles (LRASMs) Lot 2 production.The contract includes production of 50 LRASMs. The long-range anti-ship missile, a stealthy cruise missile being developed for use on both Air Force and Navy platforms, has undergone several flight tests since Lockheed Martin was awarded over $86 million for 23 low-rate initial production Lot 1 units last July. The missile is based off of the Air Force’s…

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]