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Business/Financial

Missile Industry Sees Growth In 2008, But Slower Sales Growth Seen Next Year

DDN

Monday, December 15th, 2008

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Space Industry Sales Seen Gaining 4.4 Percent This Year, Easing To 2.1 Percent Next Year Obama Urged To Refrain From Cutting Aerospace, Defense Program Funding The U.S. missile industry continued a years-long streak by posting still more solid sales growth in 2008, but that growth will slow sharply next year, according to the Aerospace Industries Association (AIA) annual report. To be sure, large order backlogs should keep the total aerospace industry in solid shape during 2009 and perhaps beyond, but…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]