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Raytheon Awarded Patriot Missile, Engineering Work

Raytheon [RTN] was awarded a $128.5 million contract to provide engineering services for the Patriot Air and Missile Defense System, and awarded a $58.3 million contract to upgrade Patriot Advanced Capability (PAC) 2 missiles to the Guidance Enhanced Missile-Tactical (GEM-T) missiles. Issued by the Army Aviation and Missile Command (AMCOM), the engineering services contract calls for Raytheon to continue to provide the latest upgrades and system capabilities through systems analysis, software and hardware engineering, and testing and logistics support to…

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Congress Updates

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 […]


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 […]


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 […]


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 […]