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Lockheed Martin Wins $524 Million Contract For More Patriot Missile Interceptors

Monday, February 12th, 2018

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The U.S. Army awarded Lockheed Martin a $524 million modification Feb. 6 to a domestic and foreign military sales (FMS) contract for Patriot Advanced Capability-3 missile segment enhancement (PAC-3 MSE) missiles.The modification covers PAC-3 missiles, cost reduction initiative (CRI) missiles, launcher modification kits, and associated ground support equipment for the U.S., Qatar, Saudi Arabia, and Romania.Work is expected to be finished by Jan. 31, 2021.This modification adds to an earlier $944 million modification awarded last December for PAC-3 and PAC-3…

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]