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Army

Lockheed Martin Wins $603 Million In GMLRS, HIMARS Work

DDN

Tuesday, February 3rd, 2009

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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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]