:

Navy/USMC

BAE Systems Wins $600 Million U.S. Navy Contract For Laser-Guided Rockets

Wednesday, October 19th, 2016

SHARE:

BAE Systems Wins $600 Million U.S. Navy Contract For Laser-Guided Rockets

Example of an APKWS being shot. (Image: BAE Systems)

The U.S. Navy awarded BAE Systems a contract worth upward of $600 million to provide additional Advanced Precision Kill Weapon System (APKWS) laser-guided rockets, the company said Wednesday.The initial award is a $130 million three-year, indefinite delivery/indefinite quantity (IDIQ) contract to help speed the delivery of the rockets to meet Navy, Marine Corps, Army, Air Force, and allied nations’ needs, BAE said.The APKWS laser-guided rockets are built around the company’s Distributed Aperture Semi-Active Laser Seeker technology with a mid-body guidance…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]