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Air Force

Lockheed Martin Awarded Second Air Force Hypersonic Weapon Prototype Contract

By Vivienne Machi

Monday, August 13th, 2018

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The U.S. Air Force today awarded Lockheed Martin [LMT] a potential $480 million contract to design a second hypersonic weapon prototype.The contract will provide the critical design review, test and production readiness support for the Air-Launched Rapid Response Weapon (ARRW) program. The “undefinitized” contract action authorizes Lockheed to begin work before the government reaches a final settlement on contract terms and conditions, to include a final negotiated price, the Air Force said in an emailed statement. The contract is expected…

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 […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]