Aerospace Group:

Army

Raytheon Awarded Contract For JAGM Guidance Section

By Cal Biesecker

Tuesday, December 4th, 2012

SHARE:

Raytheon [RTN] yesterday said it received an Army contract consisting of two phases and valued at about $65 million to develop and deliver a next generation guidance section for Joint Air-To-Ground Missile (JAGM) continued technology Development (CTD). Raytheon is competing with Lockheed Martin [LMT] on the JAGM program. In August, Lockheed Martin received a not-to-exceed $64.15 million contract also for guidance section work (Defense Daily, Aug. 20). Due to funding issues, the program was restructured to move forward incrementally in…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]