Aerospace Group:

Air Force

Raytheon Wins $529 Million Contract To Provide AMRAAMs

Tuesday, March 24th, 2015

SHARE:

Raytheon Wins $529 Million Contract To Provide AMRAAMs

An F-35 firing an AMRAAM. (Photo: Raytheon)

Raytheon [RTN] was awarded a $529 million fixed-price incentive firm contract modification to exercise an option to provide Advanced Medium-Range Air-to-Air Missiles (AMRAAMs), the Air Force said in a contract announcement on Tuesday.This is an option exercised on the previously awarded contract FA8675-15-C-0022 awarded Dec. 22, 2014. The original contract was for Lot 28 production. This included the missile, captive air training missile, common munitions bit/reprogramming equipment, and non-developmental item airborne instrumentation unit.This modification option will have Raytheon provide Lot…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]