Aerospace Group:

Raytheon’s Standard Missile-6 Approved For Export

By Marc Selinger

Tuesday, January 10th, 2017

SHARE:

Raytheon [RTN] has received U.S. Department of Defense approval to begin selling its new, multi-role Standard Missile-6 (SM-6) to foreign customers, the company said Jan. 10.Raytheon developed the SM-6 for the U.S. Navy and has delivered more than 300 missiles so far. Built in Huntsville, Ala., the SM-6 can provide “extended-range protection” against fixed-wing aircraft, rotorcraft and cruise missiles and can shoot down ballistic missiles in their terminal phase of flight, according to the company.Raytheon said in a statement that the…

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 […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]