:

Navy/USMC

Raytheon Wins $641 Million To Modernize and Produce Maritime Tomahawks

Wednesday, April 1st, 2020

SHARE:

Raytheon Wins $641 Million To Modernize and Produce Maritime Tomahawks

A Tomahawk launched off a U.S. Navy vessel. (Photo: U.S. Navy)

Naval Air Systems Command awarded Raytheon [RTN] two new contracts on March 27 worth a total $641 million to modernize and produce the maritime Tactical Tomahawk (TACTOM) missiles. One is a cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price, indefinite-delivery/indefinite-quantity $494 million contract for recertification and modernization of Tactical Tomahawk (TACTOM) Block IV all-up round missiles. This also includes integrating navigation and communication kits that result in a modernized TACTOM Block V missile. In 2017, the Navy awarded Raytheon a $119 million contract to start…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]