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Air Force

Air Force Awards Lockheed Martin $449 Million In JASSM Contracts

Pat Host

Friday, December 20th, 2013

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Air Force Awards Lockheed Martin $449 Million In JASSM Contracts

An artist’s rendering of Lockheed Martin’s JASSM. Photo: Lockheed Martin.

The Air Force Thursday awarded Lockheed Martin [LMT] nearly $449 million in contracts for Joint Air to Surface Standoff Missiles (JASSM), according to a Defense Department statement. One contract worth $233 million includes 190 JASSM baseline missiles and 40 of the extended range (ER) variant. It also includes systems engineering and foreign military sales (FMS) test assets, among others. This contract is three percent FMS for Finland and Australia, DoD said. A Lockheed Martin spokeswoman said Friday she was unsure…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]