Raytheon Gets $300 Million Paveway Contracts In 2007, Half Of It In December Raytheon Co. [RTN] received a record $300 million-plus in contracts for its Paveway smart-bomb precision-guided munitions last year, with half of that coming in December alone, the company reported. The contracts are a combination of direct commercial sales and foreign military sales and will provide customers in Europe and Asia with the Enhanced Paveway II (EP2) and the EP3 variants of the Paveway weapon system, which upgrade…
Congress Updates
Trump Urges Senate To Move ‘Immediately’ On $350 Billion Defense Reconciliation Bill In Lame Duck
President Trump on Thursday urged Senate leadership to move “IMMEDIATELY” on a reconciliation bill that would include $350 billion for defense. The call arrives as Republicans navigate a lame duck […]
House Republicans Block Measure To Impeach Hegseth
House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]
Top House Defense Appropriator Calvert Officially Wins Reelection Bid
Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]
No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says
Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]
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