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BAE Awarded $175 Million Navy Contract For More Laser-Guided Rockets

Wednesday, May 9th, 2018

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Britain’s BAE Systems was awarded a $175 million U.S. Navy award to produce 7,000 more Advance Precision Kill Weapon System (APKWS) laser-guided rockets, the company said May 8.This award falls under a $600 million 2016 Navy indefinite-delivery/indefinite-quantity contract as a vehicle to supply the APKWS to the Navy, Marine Corps, Army, Air Force, and allied countries under the Foreign Military Sales (FMS) process.BAE said this new award extended the existing contract’s initial unit production cap and total value for growing…

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 […]