By Ann Roosevelt Raytheon [RTN] sees major growth in a relatively new business area for them--the world of Indefinite Delivery/Indefinite Quantity (IDIQ) acquisition, according to a company executive. Since starting the business effort, growth has been stunning, Susan Haeseler, director of the Raytheon IDIQ Office, told Defense Daily in an interview yesterday. "The volume has increased in two years by 319 percent," she said. "My goal this year is a billion dollars. That's how big this marketplace is." As an…
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As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
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In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
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 […]
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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 […]
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