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DDN

Monday, February 4th, 2008

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Lockheed Gets $512 Million Contract For HIMARS, GMLRS Lockheed Martin Corp. [LMT] gained a $512 million contract to provide the High Mobility Artillery Rocket System (HIMARS) -- Guided Multiple Launch Rocket System (GMLRS) to the Army and Marine Corps. Work on the contract will be performed at the company's facilities in Camden, Ark., and Grand Prairie, Texas, and is scheduled for completion in the fourth quarter of 2010. Specific quantities of vehicles and rockets were not disclosed. HIMARS can accommodate…

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 […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]