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Army

Lockheed Martin, Raytheon’s New Javelin Deal Could Cover Up To 28,000 Missiles

By Matthew Beinart

Friday, May 12th, 2023

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Lockheed Martin, Raytheon’s New Javelin Deal Could Cover Up To 28,000 Missiles

A Javelin missile is fired

The Army’s new Javelin deal to Lockheed Martin [LMT] and Raytheon Technologies [RTX] could cover procurement of up to 28,000 missiles under the $7.2 billion contract ceiling. A spokesperson for the Army’s Program Executive Office Missiles and Space confirmed the additional details of the recent Javelin production award, noting the initial $1.02 billion base period covers 6,300 missiles. “This contract includes replenishment of U.S. missile stockpiles as well as regular recurring production activities. A portion of the contract utilized Ukraine…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]