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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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]