:

Business/Financial

Contracts

DDN

Monday, July 28th, 2008

SHARE:

ATK Gets $16.4 Million Order For Missile Warning System The Navy gave Alliant Techsystems Inc. [ATK] $16.4 million of orders for the AAR-47 A(V)2 warning system that protects aircraft against incoming enemy surface-to-air missiles. The system protects both helicopters and fixed-wing aircraft. Some surface-to-air missiles, in the hands of terrorists, are becoming increasing threats, such as the man-portable shoulder-mounted, or MANPADS, air defense weapons that have been used to take down military and civilian aircraft. ATK also noted that it…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]