Aerospace Group:

Business/Financial

Raytheon Gains Air Force Contract For Up To 450 Maverick Missiles Upgrades

DDN

Monday, April 6th, 2009

SHARE:

The Air Force gave Raytheon Co. [RTN] a contract to upgrade guidance and control sections for the air-to-ground Maverick missile. "The military is successfully employing laser-guided Mavericks against moving targets and in urban environments," said Harry Schulte, Raytheon Missile Systems vice president of Air Warfare Systems. "This contract is a win for the warfighters, because it gives them a reliable combat-proven weapon they can take to war almost immediately." That contract initiates engineering efforts required to restart the laser-guided Maverick…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]