Aerospace Group:

Business/Financial

Contracts

DDN

Monday, November 3rd, 2008

SHARE:

Raytheon Gains $441.9 Million Sole Source Multiple Kill Vehicle Contract The Missile Defense Agency gave Raytheon Co. [RTN] unit Missile Systems a sole source contract worth up to $441.9 million to develop and test the Multiple Kill Vehicle payload system, the Pentagon announced. The indefinite-delivery, indefinite-quantity contract will involve work performed in Tucson, Ariz. by December 2011. The contract will be incrementally funded. An initial year-long task order is valued at $54 million, for work running from Saturday to Nov.…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]