Raytheon [RTN] said yesterday it won South Korea’s competition to upgrade its F-16 radars. Northrop Grumman [NOC] had also been vying for the program. Raytheon will upgrade South Korea’s KF-16C/D Block 52 Fighting Falcon fleet with its advanced electronically scanned array (AESA) Raytheon Advanced Combat Radar (RACR), according to a company statement. Raytheon Vice President of International Strategy and Business Development for Space and Airborne Systems Jim Hvizd said yesterday during a conference call the company will upgrade 134 jets.…
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Congress Updates
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 […]
“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal
As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]
Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill
The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]
Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns
Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]
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