:

Business/Financial

ATK Completes Successful BTERM Test

DDN

Wednesday, October 1st, 2008

SHARE:

By Geoff Fein After months of delays and disappointments, ATK [ATK] on Monday successfully fired its Ballistic Trajectory Extended Range Munition (BTERM), with one of the rounds hitting the target at range, according to the Navy. ATK's BTERM was an alternative approach to Raytheon's [RTN] Extended Range Guided Munition (ERGM) for a 5-inch munition. These tests were the first BTERM flight tests at White Sands Missile Range, N.M., since January 2008, according to the Navy. In March, the Navy terminated…

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 […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]