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Business/Financial

Army Awards BAE Systems $8 Million Deal For New Precision-Guidance Kits

By Matthew Beinart

Tuesday, January 30th, 2018

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Army Awards BAE Systems $8 Million Deal For New Precision-Guidance Kits

BAE Systems has received an $8 million deal to develop new precision-guidance kits to the Army aimed to improve the accuracy of 155-millimeter artillery munitions.Under the deal, announced Jan. 30, BAE is tasked with developing new kits to enable Army munitions to make in-flight course corrections in environment where GPS systems may be jammed.“Our kits will provide this capability for the current stock of 155-millimeter munitions and future munitions designed to provide significantly greater range,” Marc Casseres, BAE director of…

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 […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]