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Army

General Dynamics Awarded $285 Million Contract For Hydro-70 Rockets

Tuesday, June 28th, 2011

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The Army awarded General Dynamics [GD] a $286 million contract for the production of the Hydra-70 air-to-ground rocket, the company said yesterday. The contract exercises a fiscal year 2011 option on an existing contract. Final deliveries for the option are expected to be completed by April 2015. The company recently delivered its four-millionth Hydra rocket, which have been exclusively manufactured since 1996 at its Camden, Ark., facility as a part of General Dynamics Armament and Technical Products. "The Hydra is a cost-effective, versatile, combat-proven…

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

Unmanned Systems

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 […]

Pentagon

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 […]

Congress

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 […]