Aerospace Group:

Raytheon Achieves LRIP In Stunner Missile Interceptor Program

Wednesday, January 25th, 2012

SHARE:

Raytheon [RTN] said it achieved Low-Rate Initial Production (LRIP) in its Stunner missile interceptor program after receiving a $30 million contract from Israel’s Rafael Advanced Defense Systems. The contract, issued Dec. 13, is for continued development of the Stunner interceptor, according to a Jan. 9 Raytheon statement. Raytheon will also use the funding for fabrication of the missile’s subsystem hardware, including safety devices and guidance electronics. Raytheon Vice President of Advanced Security and Directed Energy Systems Mike Booen said the…

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]