:

Raytheon Wins Navy’s Next Air Defense Ship-Based Radar

Gally Articola

Wednesday, October 16th, 2013

SHARE:

Raytheon [RTN] has edged out two rivals to win the Navy’s competition to provide the new Air Missile Defense Radar (AMDR) that will be installed on Aegis guided missile destroyers for theater and ballistic missile defense, the service said on Oct. 10. It defeated Lockheed Martin [LMT] and Northrop Grumman [NOC] for the lucrative contract that could exceed $1.6 billion. The Navy was able to award the initial $156.9 million because it was funded in fiscal 2013, which ended Sept. 30, and before the lack of…

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 […]

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

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 […]