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FMTV Contract Awards Top $3 Billion To Date In 2008

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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Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

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 […]