:

Army

Raytheon, Rheinmetall Add Textron Systems To Team Vying For Army’s OMFV Program

By Matthew Beinart

Monday, September 30th, 2019

SHARE:

Raytheon, Rheinmetall Add Textron Systems To Team Vying For Army’s OMFV Program

Raytheon and Rheinmetall's Lynx. Photo: Matthew Beinart.

The new joint venture from Raytheon [RTN] and Germany’s Rheinmetall has selected Textron Systems [TXT] to serve as the U.S. chassis manufacturer for the Lynx fighting vehicle being offered for the Army’s Bradley replacement program, the companies said Monday. Textron’s role on the team vying for the Optionally-Manned Fighting Vehicle program includes establishing a U.S. supply chain for the Rheinmetall’s Lynx platform and supporting final integration if the vehicle is selected for the prototype phase. "When we say Lynx will…

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 […]