By Ann Roosevelt Raytheon [RTN] has submitted its average missile unit production price for the Non-Line-of-Sight Launch System (NLOS-LS), coming in at about a third the cost of a government estimate, a company executive said. "The government has shared a $304,000 average unit production price estimate and on [March 6], our [Raytheon Missile Systems] president provided a letter to PEO Integration, validating our estimate of $198,000," Michelle Lohmeier, deputy vice president of Raytheon Land Combat, told Defense Daily in an…
Recommended
Trending
Congress Updates
Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says
A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]
Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities
The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]
Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons
Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]
Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]