Raytheon Gains $45 Million Navy Aegis Work The Navy gave Raytheon Co. [RTN] a five-year, $45 million contract for performance-based logistics for the Aegis weapons system. Raytheon Integrated Defense Systems will perform repairs and provide spares for the AN/SPY-1 radar and MK 99 Fire Control System, both key components of the Aegis system. Raytheon IDS is responsible for supporting Aegis systems used by the Navy, as well as managing system repairs for foreign military sales. The AN/SPY-1 radar transmitters and…
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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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]