Raytheon [RTN] and Germany's Lechmotoren, a company of the Jenoptik Group, are partnering to produce advanced power generators for the Patriot air and missile defense system, Raytheon said on April 24.The contract between the companies directs Jenoptil to build power plants, power generators, test equipment, and spares for an unnamed global partner of the Patriot system. The companies are also discussing opportunities to provide power generation equipment for two more Patriot partner nations, one from NATO, Raytheon said."Raytheon looks forward…
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A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
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 […]
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