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Monday, February 18th, 2008

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Raytheon Gains $1 Billion Contract for SM-3 Interceptor Missiles The Missile Defense Agency gave Raytheon Co. [RTN] a $1 billion contract change for Standard Missile-3 interceptors. Under the contract, Raytheon Missile Systems of Tucson, Ariz., will provide 75 of the SM-3 block IA interceptors for the United States. As well, the company will provide 27 SM-3 Foreign Military Sales Block IA missiles. They work in the sea-based Aegis Ballistic Missile Defense System. Work will be performed in Tucson, Ariz., and…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

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 […]