Lockheed Martin [LMT] successfully conducted two tactical ballistic missile interception tests with the Patriot Advanced Capability (PAC)-3 Cost Reduction Initiative (CRI) interceptors, the company said Thursday. The company, which builds these missiles, said the test occurred at White Sands ...

The Missile Defense Agency (MDA) awarded Raytheon [RTN] a modification to increase an undefinitized contract action by $267 million to build 24 more Standard Missile-3 Block IIA missiles. This modification, awarded Nov. 1,  increases contract line item 0014 value from $387 million to over $654 ...

Four companies won $20 million contracts last week each to develop prototype payload designs for the Hypersonic and Ballistic Tracking Space Sensor (HBTSS) program. Northrop Grumman [NOC], Leidos [LDOS], L3Harris Technologies, and Raytheon [ RTN] each won $20 million firm-fixed-price prototype ...

The Senate Armed Services Committee wants more answers as to why the Defense Department canceled the Redesigned Kill Vehicle (RKV) from the likely next leader of U.S. Strategic Command, and a commitment to keep members abreast of planned cancellations in the future. During his Oct. 24 SASC ...