Defense and security company Saab has signed a new five-year, $187 million framework contract with the U.S. Special Operations Command (SOCOM) for the company’s Carl-Gustaf man-portable weapon system. The contract, with an initial $14.3 million order, is a follow-on agreement to a previous five-year contract for the 84mm recoilless rifle system. The framework contract enables SOCOM to place orders for weapons and ammunition over the five-year contract period up to a total value of approximately $187 Million. “This is another…
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Congress Updates
In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
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 […]
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 […]
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 […]
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