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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…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]