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House Wants to Re-Direct ARRW Funding to HACM

House Wants to Re-Direct ARRW Funding to HACM
US Air Force insignia on an aging jet plane.

The House Armed Services Committee and the House Appropriations Committee want to redirect funding from the Lockheed Martin [LMT] AGM-183A Air-launched Rapid Response Weapon (ARRW) to the Air Force's other hypersonic weapon development effort--the Hypersonic Attack Cruise Missile (HACM). Both committees' fiscal 2023 bills contain such a funding redirection, which would result in a $144 million add to the $317 million requested by the Air Force for HACM in the service's budget request. The action, if agreed to by Senate…

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