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Business/Financial

Raytheon Gains $30 Million For SLAMRAAM Long-Lead Work

DDN

Monday, June 1st, 2009

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The Army gave Raytheon Co. [RTN] up to $30 million for Surface Launched Medium Range Air-to-Air Missile (SLAMRAAM) long-lead purchases. They will facilitate later low rate initial production. SLAMRAAM is a tailorable, state-of-the-art air defense system that can defeat current and emerging cruise missile threats, unmanned aerial systems and a wide range of air breathing threats. It provides the warfighter with a system of highly mobile battlefield elements networked and geographically distributed to provide integrated fire control capability against airborne…

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 […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]