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Business/Financial

Contracts

DDN

Monday, March 17th, 2008

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Army Contract Seeks New Kinetic Missile Interceptor To Kill Rockets, Artillery The Army is awarding contracts for design and demonstration of a prototype kinetic-kill missile interceptor that would take down enemy rockets, artillery and mortars. Northrop Grumman Corp. [NOC] received one of the contracts, worth $6 million in the first phase and up to $40 million if all options are utilized. The other contract went to Lockheed Martin Corp. [LMT], worth some $100 million if all options are used, a…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

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The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]