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 Thursday. It defeated Lockheed Martin [LMT] and Northrop Grumman [NOC] for the lucrative contract that could exceed $1.6 billion. A Raytheon rendering of AMDR. The Navy was able to award the initial $156.9 million because it was funded in fiscal 2013,…
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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 […]
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