:

South Korea Requests $1.91 Billion In Aegis Combat System

Tuesday, June 30th, 2015

SHARE:

The State Department approved a possible $1.91 billion Foreign Military Sale (FMS) request to South Korea for Aegis Combat Systems and associated equipment, parts and logistical support.The Defense Security Cooperation Agency (DSCA) notified Congress of the potential sale on June 9.The primary contractors would be Lockheed Martin [LMT], Raytheon [RTN], and General Dynamics [GD]. Offset agreements are requested, but they are unknown at the time of notice and are to be determined during negotiations between South Korea and contractors.The requested…

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]