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Army

Lockheed Martin Receives $921 Million in Patriot PAC-3 Work

By Cal Biesecker

Tuesday, January 31st, 2012

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Lockheed Martin [LMT] yesterday said it received contracts totaling $921 million for hardware and services associated with the combat-proven Patriot Advanced Capability-3 (PAC-3) Missile Segment program. The contract, issued by U.S. Army Aviation and Missile Command, includes Fiscal Year 2012 (FY12) missile and command launch system production for the Army and a follow-on sale of the PAC-3 Missile Segment to Taiwan. In 2009, Taiwan became the fifth international customer for the PAC-3 Missile Segment (Defense Daily, Dec. 24, 2009). The…

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 […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]