Lockheed Martin [LMT] yesterday said it received contracts totaling $603 million from the Army Aviation & Missile Command for the Guided Multiple Launch Rocket System (GMLRS) and the High Mobility Artillery Rocket System (HIMARS). Work on the contract will be done at the company's facilities in Camden, Ark., and Grand Prairie, Texas, with the last contract scheduled for completion in the last part of 2011. "In theater, the GMLRS Unitary rocket has earned the nickname 'The 70-kilometer Sniper Rifle,' and…
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Congress Updates
Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement
A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]
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. […]
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 […]
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 […]