Army selects Lockheed, Boeing-Anduril team for next phase in IFPC Inc 2 competition
The companies' solutions will move into the developmental phase, an Army spokesperson told Breaking Defense.
The companies' solutions will move into the developmental phase, an Army spokesperson told Breaking Defense.
Roughly $6.1 billion of military equipment was cleared for potential sales to Saudi Arabia, Oman and Iraq, spanning precision munitions to fighter jet sustainment, according to the State Department.
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The company was separately awarded one deal worth up to $2.9 billion to supply parts for its F414 engine, and another to provide a hypersonic test vehicle for the Defense Innovation Unit.
The Grey Wolf achieved initial operational capability Aug. 10, and will replace the Vietnam-era UH-1N to protect the Air Force’s nuclear missile fields.
The contract covers over a decade of potential work for US and international F-15 fighter jets.
One contract worth up to $603 million was issued to RTX subsidiary Raytheon, while a second valued at roughly $163 million was issued to B-52 prime contractor Boeing.
The seven-year framework deals cover key SM-3 components including avionics and ejector assemblies.
Boeing plans to offer a cheaper seeker for defensive and offensive military missiles, while Northrop Grumman revealed more about a cannon-based solution to bat down threats like drones and cruise missiles.
The acquisition will be funded by roughly $450 million in cash and $50 million in Joby common stock and is expected to close "in the first half of 2027," according to a press release.
Pending regulatory approval, the sales of drone maker Insitu, air traffic management firm SkyGrid and electric aircraft maker Wisk Aero are expected to close by the end of the year.
The first kits of the JDAM LR will go to the US Navy, according to manufacturer Boeing.
A new audit from the Government Accountability Office found concerns with the Air Force’s modernization of the B-52 Stratofortress, which is planned to fly through the middle of the century.
“While the charge is disappointing, we recognize how critical schedule performance is to our customer and we are investing accordingly to maintain our commitment to deliver the airplane in 2028,” CEO Kelly Ortberg said.
The US airframer also announced that Hensoldt has been added to its German MQ-28 supplier base, in support of a bid to land Berlin’s CCA requirement.