Weapons
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Missile DefenseMDA To Award Raytheon Sole-Source Contract For SM-3 IIA Interceptors
The Missile Defense Agency (MDA) is planning to award a sole-source contract to Raytheon [RTN] to produce and deliver Standard Missile-3 (SM-3) Block IIA ballistic missile interceptors starting in FY […]
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WeaponsDOT&E Delays F-35 Operational Testing Until November For Software Upgrades
Last month the Defense Department independent weapon tester delayed the start of F-35 operational testing by two months while it waits for the newest versions of software to be delivered. […]
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Press ReleasesAustralian Army Orders Carl-Gustaf M4 Deliveries From Saab
Saab said on Wednesday that the Australian Army has ordered deliveries of the Carl-Gustaf M4 anti-tank rifle that will take place in 2020. The Australian Army is the sixth customer […]
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ArmyIBCS Completes Fourth Army Test
Northrop Grumman’s [NOC] Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS) demonstrated an ability to scale up across long distances during a successful five-week long U.S. Army test, […]
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Business/FinancialLockheed Martin Posts Strong Second Quarter Results; Raises Guidance
Lockheed Martin [LMT] on Tuesday reported strong second quarter financial results driven by higher sales, lower taxes, a pension benefit and improved operating performance. Net income increased 26 percent to […]
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Navy/USMCRaytheon Nabs $467 Million MDA Contract For 33 More SM-3 IBs
The Missile Defense Agency (MDA) awarded Raytheon [RTN] a $467 million contract to produce, test, and deliver 44 Standard Missile (SM)-3 Block IB interceptors, the company said on Wednesday. The […]
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Air ForceLockheed Martin Targets $80 Million Price Tag For F-35 By LRIP 14
FARNBOROUGH INTERNATIONAL AIRSHOW–Lockheed Martin [LMT] has reached a “handshake” agreement on the low-rate initial product lot 11 (LRIP 11) contract for the F-35, according to a program update provided by […]
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Business/FinancialRaytheon Nabs Next-Gen F-35 DAS Sensor
Lockheed Marin [LMT] chose Raytheon [RTN] to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35 Joint Strike Fighter, replacing the sensor’s incumbent Northrop Grumman [NOC]. […]
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Missile DefenseLockheed Martin Awarded $145 Million THAAD Interceptor Contract
The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] a $145 million modification on Wednesday to produce additional Lot 10 Terminal High Altitude Area Defense (THAAD) interceptors and associated equipment. […]
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Missile DefenseHASC Missile Defense Mark Authorizes SM-3 IB Multiyear, Pushes Boost Phase and Space Sensors
The House Armed Services subcommittee on strategic forces markup of its portion of the FY ’19 defense authorization bill focused on SM-3 IB multiyear procurement, requiring the director of the […]