:

Missile Manufacturers Will Fight For European Air Defense Contracts

Thursday, June 11th, 2015

SHARE:

Missile Manufacturers Will Fight For European Air Defense Contracts

The Patriot air and missile defense system (Photo: Raytheon)

Raytheon [RTN] officials have vowed to continue supporting Germany's Patriot missile batteries, despite learning earlier this week the company lost a bid to provide Germany with its next-generation tactical air and missile defense shield.MEADS International, which is partnered with Lockheed Martin [LMT] announced Tuesday that Germany chose MEADS as the basis for its TVLS, a next-generation network-based tactical air and missile defense system. The system could replace Raytheon’s Patriot air defense system originally fielded in the 1980s. The missile giants now…

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]