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Business/Financial

Israel To Buy Vulcan-Phalanx Cannon System If Gates Agrees To Provide A Unit; Raytheon System Would Kill Rockets From Gaza Strip

DDN

Monday, April 27th, 2009

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Israel aims to purchase the Raytheon Co. [RTN] Vulcan-Phalanx close-in air defense systems to kill rockets and mortars launched into Israel by Hamas terrorists in the Gaza Strip, according to reports in Haaretz and the Jerusalem Post. However, because Raytheon has sold all of its near-future production of the projectile-firing Vulcan Phalanx systems, Defense Minister Ehud Barak will ask U.S. Secretary of Defense Robert Gates to sell Israel one of the $25 million systems already in the American arsenal. If…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]