By Ann Roosevelt With a series of contract awards, BAE Systems' total award value for the Family of Medium Tactical Vehicles (FMTV) to date in 2008 is $3.7 billion. This month, the Army awarded BAE a $1.6 billion contract to build another 10,000 Long Term Armor Strategy (LTAS) FMTVs and trailers for 2009 and 2010--the third for LTAS FMTV this year. Earlier, two contracts totaling close to $2.1 billion for 10,000 vehicles and program support. "This award will boost FMTV…
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In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
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 […]