Aerospace Group:

Air Force

Air Force Awards Raytheon Training Contract Worth Up To $20.9 Billion

Wednesday, August 26th, 2015

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Raytheon [RTN] was awarded by the U.S. Air Force as a prime contractor on the Training Systems Acquisition III (TSA III) contract, worth upwards of $20.9 billion over 10 years if all options are chosen.Under the Air Force Life Cycle Management Center contract selection, Raytheon is to compete in multiple order bids to provide lifecycle management for aircrew, maintenance, and systems-specific training systems on a global basis, the company explained. The contracts are indefinite-delivery/indefinite-quantity."We are more than ready to support…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]