ATK [ATK] and Raytheon [RTN] last week won initial contracts totaling $20.7 million to begin the Excalibur Increment IB effort. The Joint Munitions and Lethality Life Cycle Management Command Acquisition Center awarded the two 18-month Phase 1 contracts. During Phase 1, the two contractors must evolve their proposed concepts and then demonstrate the capability in a live-fire event. The government will select a single contractor to continue to the Qualification and Initial Production phase, the comand said in a statement.…
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House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense
House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]
Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns
Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]
Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost
Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]
CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million
The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]