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Air Force

Lockheed Martin Wins $87.6 Million Air Force Contract For Paveway II Plus Laser Guided Bombs

Monday, September 19th, 2016

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Lockheed Martin Wins $87.6 Million Air Force Contract For Paveway II Plus Laser Guided Bombs

Paveway II Enhanced Laser Guided Training Round Image: Lockheed Martin

The U.S. Air Force awarded Lockheed Martin [LMT] $87.6 million in follow-on production of Paveway II Plus Laser Guided Bomb (LGB) kits, the company said Monday.The Paveway II Plus LGM kits help convert conventional gravity bombs into precision-guided munitions by adding a nose-mounted laser seeker and guidance fins/tail.This contract represents the majority share of fiscal year 2016 funding and the eighth consecutive majority win for Lockheed Martin in the annual Air Force competition for upgrade bomb kit contracts, the company…

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]