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Space

Raytheon Awarded $55 Million Contract to Deliver TOW Missiles to Saudi Arabia

DDN

Monday, July 19th, 2010

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Raytheon [RTN] received a $55 million contract to deliver TOW (Tube-Launched, Optically-Tracked, Wireless-Guided) 2A Radio Frequency missiles to the U.S. government as part of a foreign military sale to Saudi Arabia's National Guard. "TOW RF missiles are tremendous weapons because of their high mobility, rapid response and close-fire support capabilities," Jim Riley, Raytheon's vice president of Land Combat, said in a statement. "This missile can give soldiers at the lowest tactical echelon immediate, precision firepower." TOW RF missiles include an…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]