Tag Archives: Missile Defense

The Space Development Agency is looking for a potential contractor to integrate Overhead Persistent Infrared sensors into a satellite for an experiment focused on tracking hypersonic missiles in geosynchronous orbit.

Lockheed Martin (NYSE: LMT) has received a two-year, $497.3M contract modification to continue providing post-production services for the U.S. Army’s missile support hub for the Patriot Advanced Capability-3 air defense system.

The State Department has cleared a potential $230M foreign military sale of Raytheon Technologies-built (NYSE: RTX) missile systems, related equipment and support services to Hungary.

Lockheed Martin’s (NYSE: LMT) rotary and mission systems business a five-year, $147.6M contract modification to provide vertical launching system components to the U.S. Navy and international military clients.

The U.S. Air Force plans to extend Raytheon Technologies' (NYSE: RTX) work under a potential $900M contract to develop a nuclear weapon to replace the service branch’s aging air-launched cruise missiles.

The Department of Defense has asked Congress nearly $2.9B in fiscal 2021 funds to procure hypersonic weapons systems, a 14 percent increase from the $2.5B DoD requested for the current fiscal year, Breaking Defense reported Tuesday.

Vice Adm. Jon Hill, director of the Missile Defense Agency, has said the issuance of a formal solicitation notice for the development of a ground-based missile interceptor is “imminent," Defense News reported Thursday.

Affiliates of private equity firm AE Industrial Partners has purchased American Pacific from Huntsman Family Investments for an undisclosed sum.

A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its year-to-date backlog rise 22 percent to $65B in the third quarter of 2019 and posted $8.5B in Q3 sales, reflecting a 5 percent increase from the same period last year.

Raytheon (NYSE: RTN) has won a potential seven-year, $494.9M contract from the U.S. Air Force to replace solid-state radar modules designed to support missile defense, space surveillance and satellite warning operations at a military station located in England.