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Army

Lockheed Martin Receives $405.8 Million To Support Army Hypersonic Demonstrations

By Matthew Beinart

Tuesday, August 6th, 2019

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Lockheed Martin Receives $405.8 Million To Support Army Hypersonic Demonstrations

Lockheed Martin [LMT] has received a $405.8 million contract modification to design and build large diameter rocket motors and missile body components to support upcoming Army flight tests for the Intermediate Range Conventional Prompt Strike Weapon program, the Pentagon said Tuesday. The Navy’s Strategic Systems Programs (SSP) office awarded the deal, which is the maximum amount included in a previously un-priced letter contract, with work expected to be completed on Jan. 1, 2024. The deal follows an $846 million contract…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]