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Army

Army Awards Lockheed Martin $331 Million Contract For Production Of Guided MLRS Rockets

Wednesday, June 15th, 2016

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Army Awards Lockheed Martin $331 Million Contract For Production Of Guided MLRS Rockets

Guided Multiple Launch Rocket Systems (GMLRS). (Photo: Lockheed Martin)

The Army awarded Lockheed Martin [LMT] a $331.8 million contract for Lot 11 production of Guided Multiple Launch Rocket System (GMLRS) rockets, the company said Wednesday.Under the contract terms Lockheed Martin will produce GMLRS Alternative Warhead rockets, Unitary rockets, and Reduced-Range practice Rockets (RRPRs) for the U.S. Marine Corps as well as Foreign Military Sales (FMS) to Israel, Finland, Jordan, and Singapore.The GMLRS is an all-weather precision rocket designed for quick deployment that launches from beyond the reach of most…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]