:

Navy/USMC

Raytheon Gets Another $200 Million CIWS Upgrade Contract

Monday, August 19th, 2019

SHARE:

Raytheon Gets Another $200 Million CIWS Upgrade Contract

An MK 15 Baseline 2 Phalanx close-in weapon system (CIWS). (Photo: U.S. Navy)

The Navy on Friday awarded Raytheon [RTN] a $200 million contract for MK 15 Close-In Weapon System (CIWS) upgrades, conversions, overhauls, and associated hardware for the U.S and international customers. CIWS is a rapid-fire fast-reaction radar-guided gun system used to defend against low and high-flying maneuvering threats that have penetrated other defenses, like missiles, aircraft, and small ships. The contract combines purchases for the U.S. (85 percent), and Foreign Military Sales (FMS) for Saudi Arabia (8 percent) and the United…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]