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Navy/USMC

Ursa Major Nabs $10 Million SRM Contract For Standard Missile Rocket Motors

Wednesday, July 15th, 2026

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Ursa Major Nabs $10 Million SRM Contract For Standard Missile Rocket Motors

Ursa Major solid rocket motor static fire test. (Photo: Ursa Major)

The Navy awarded rocket motor and engine developer Ursa Major a $10 million development contract to keep advancing the company’s MK 104 solid rocket motor (SRM) through critical design review (CDR) and static fire testing. The company noted the MK 104 is a dual-thrust rocket motor that powers both the Standard Missile-2 and -6 air and missile defense interceptors used by Aegis destroyers and cruisers. L3Harris Technologies [LHX] is the current MK 104 supplier. SRM production is a major bottleneck…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]