Aerospace Group:

MDA Awards Lockheed Martin $2 Billion THAAD Inteceptor Contract

Monday, June 18th, 2012

SHARE:

The Missile Defense Agency awarded Lockheed Martin [LMT] a sole-source letter contract worth approximately $2 billion to provide at least 42 Terminal High-Altitude Area Defense (THAAD) interceptors, the Defense Department said recently. These interceptors are added to the current Undefinitized Contract Action (UCA) under the existing THAAD production contract (HQ0147-07-C-0196). DoD intends to combine this procurement with the Foreign Military Sale of 96 THAAD interceptors to the United Arab Emirates to gain synergy cost savings, MDA said. This UCA covers…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]