Aerospace Group:

Army

Army Awards Multi-Year GMLRS Deal To Lockheed, Includes First Extended Range Rockets

By Matthew Beinart

Wednesday, October 16th, 2024

SHARE:

Army Awards Multi-Year GMLRS Deal To Lockheed, Includes First Extended Range Rockets

Extended Range-GMLRS. Photo: Lockheed Martin.

The Army has awarded Lockheed Martin [LMT] a multi-year contract for Guided Multiple Launch Rocket Systems initially worth up to $4.1 billion, with the deal covering the first production order for the new extended range version of the rocket. An Army spokesperson confirmed to Defense Daily the deal was awarded on Sept. 23 and involved converting an existing contract into the new undefinitized, multi-year deal. “The award is intended to be definitized as part of a three-year multi-year contract demonstrating…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]