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Army

Raytheon, Lockheed Martin, Record Success In Latest Patriot PAC-3 Missile Test

By Cal Biesecker

Friday, March 30th, 2012

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Raytheon [RTN] yesterday said its modernized Patriot Air and Missile Defense System successfully fired two Lockheed Martin [LMT] PAC-3 missiles to engage a tactical ballistic missile (TBM) at White Sands Missile Range, N.M. Raytheon is the Patriot System Integrator, while Lockheed Martin is the prime contractor for the Patriot PAC-3 missile system. Sanjay Kapoor, vice president for Integrated Air and Missile Defense at Raytheon’s Integrated Defense Systems business, said: “The demonstrated flawless performance of the modernized Patriot system means our…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

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 […]