Aerospace Group:

Raytheon Establishes Subsidiary In UAE

By Cal Biesecker

Friday, December 8th, 2017

SHARE:

Raytheon [RTN] on Dec. 7 said it has created a subsidiary in the United Arab Emirates to further strengthen its partnerships in the small Middle Eastern country that is a key customer.“The establishment of Raytheon Emirates is a strong step forward in our longstanding alliance with the United Arab Emirates,” Thomas Kennedy, Raytheon’s chairman and CEO, said in a statement. “Through partnerships with government, industry and academia, Raytheon is committed to helping the UAE achieve its economic goals while providing trusted,…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

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 […]