Aerospace Group:

Missile Defense

BAE Wins Lockheed Martin Contract For Next-Gen THAAD Seekers

Tuesday, March 17th, 2020

SHARE:

BAE Wins Lockheed Martin Contract For Next-Gen THAAD Seekers

Artist concept of BAE System's next-generation Terminal High Altitude Area Defense (THAAD) infrared seeker in use. (Image: BAE Systems)

Lockheed Martin [LMT] awarded BAE Systems a contract to design and build next-generation infrared seekers for the Terminal High Altitude Area Defense (THAAD) system, BAE said Tuesday. BAE did not disclose numbers of contract value. However, in a statement, the company said, “the sensor design work will improve the missile defense system’s ability to neutralize more threats and improve its manufacturability.” “The THAAD seeker is a key product in our precision munitions portfolio that’s recognized for its proven intercept capabilities.…

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]