The Longbow Limited Liability Company, a joint venture of Lockheed Martin [LMT] and Northrop Grumman [NOC], on Sept. 12 said it received a $51 million foreign military sales contract to provide South Korea with Longbow Fire Control Radars (FCRs) for the AH-64E Apache attack helicopter. In April, Korea selected the Boeing [BA] AH-64E Apache for the potential $1.6 billion attack helicopter program. The contract includes six Longbow FCR systems, spares and in-country support. Production is scheduled through 2016, with radar assembly done at Lockheed Martin’s…
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In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]