Aerospace Group:

Air Force

Air Force Awards Raytheon $535 Million Contract For AMRAAMs

Tuesday, June 18th, 2013

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The Air Force said Friday it awarded Raytheon [RTN] a $534.8 million firm-fixed-price contract for production lot 27 of the company’s Advanced Medium Range Air-to-Air Missile (AMRAAM). Lot 27 production is expected to be completed by Jan. 31, 2016. Fifty-one percent of the production effort is Foreign Military Sales (FMS), including AIM-120 C7s for Oman and Saudi Arabia. The contract award is also a sole source acquisition. The contract award is another round of good news for Raytheon after it…

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]