Weapons
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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 […]
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Business/FinancialLockheed Martin Opens 2018 With Strong Financial Results
Lockheed Martin [LMT] on Tuesday posted strong financial results in its first quarter buoyed by operating performance, a lower tax rate and a pension tailwind, and the company raised the […]
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Missile DefenseMDA Tests THAAD And Patriot Interoperability
The Missile Defense Agency (MDA) and Army jointly successfully tested a missile defense tracking exercise last week to demonstrate the interoperability between the Terminal High Altitude Area Defense (THAAD) and […]
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Missile DefenseOfficials Lay Out Missile Defense Updates/Setbacks; MDR Expected After April
Top U.S. Defense Department missile defense leaders provided positive updates on U.S. missile defense systems at a congressional hearing last Thursday, but one official was reluctant to say when the […]
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Missile DefenseLockheed Martin Wins $524 Million Contract For More Patriot Missile Interceptors
The U.S. Army awarded Lockheed Martin a $524 million modification Tuesday to a domestic and foreign military sales (FMS) contract for Patriot Advanced Capability-3 missile segment enhancement (PAC-3 MSE) missiles. […]
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Missile DefenseBoeing Wins $6.56 Billion MDA Contract To Continue As GMD Prime Integrator
The Missile Defense Agency awarded Boeing [BA] a $6.56 billion modification to a previous contract to extend its development and sustainment contract (DSC) for the Ground-based Midcourse Defense (GMD) missile […]
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Navy/USMCSM-3 IIA Missile Defense Test In Hawaii Reportedly Fails, Defense Tester Report Finds Lower Confidence
This story was updated with a Defense Department confirmation of the test failure. A Missile Defense Agency (MDA) and Navy test intercept of a Raytheon [RTN] Standard Missile(SM)-3 Block IIA […]
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Missile DefenseLockheed Martin Wins $459 Million Contract For More THAAD Interceptors
This article has been updated to reflect industry comments. The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] a $459 million modification on Friday to produce additional Lot 10 Terminal […]
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InternationalState Department OK’s $6.5 Billion Sale Of 34 F-35s To Belgium
The State Department approved a possible $6.5 billion Foreign Military Sale (FMS) to Belgium for 34 Conventional Take-off and Landing (CTOL) F-35A variants. The Defense Security Cooperation Agency (DSCA) told […]
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Missile DefensePAC-3 Missiles Successfully Intercept Tactical Ballistic Missile Targets
Five Lockheed Martin [LMT] Patriot Advanced Capability (PAC)-3 interceptors successfully defeated four tactical ballistic missile targets in a test earlier this month. The Army led a flight test of four […]
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