An unspecified Asia-Pacific country awarded Elbit Systems Ltd. [ESLT] an $82 million contract to provide the Condor 2 electro-optic airborne solution for use in intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) missions, the company said March 29.The Condor 2 is an electro-optical/long range oblique photography system that provides simultaneous high-resolution visible and infrared reconnaissance images at a long stand-off distance from a target. This allows surveillance and reconnaissance at higher altitudes and greater distances, reducing the change the platform is…
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Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]
“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal
As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]
Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill
The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]
Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns
Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]
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