The State Department has approved several possible deals with Saudi Arabia, including $670 million for TOW 2B (BGM-71F-Series) missiles, $300 million in logistics support for their Land Forces Ordnance Corps and $106.8 million in maintenance support for its Aviation Command’s aircraft fleet.The Defense Security Cooperation notified Congress March 22 of the three Foreign Military Sales (FMS).Under the missile deal, Saudi Arabia would receive 6,600 TOW 2B’s (BGM-71F-Series) and 96 fly-to-but lot validation variations.Raytheon [RTN] is the prime contractor for that deal.“The…
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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 […]
“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 […]
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 […]
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 […]
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