Aerospace Group:

Air Force

Lockheed Awarded $988 Million Contract to Continue Hypersonic Vehicle Development

By Vivienne Machi

Monday, December 2nd, 2019

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Lockheed Awarded $988 Million Contract to Continue Hypersonic Vehicle Development

The Air Force on Monday awarded Lockheed Martin [LMT] a $988.8 million contract modification to continue work on the Air-Launched Rapid Response Weapon (ARRW), one of the service’s top hypersonic vehicle development programs. The award concerns critical design review, test and production readiness support. The contract modification will definitize the contract terms, specifications and price, per the award notice. Work will be performed in Orlando, Florida, and is expected to be completed by Dec. 31, 2022. Fiscal 2020 research, development,…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]