Pentagon officials are seeking lawmakers’ authorization to buy weapon systems through multi-year deals “across the board, not only with munitions, but actually with the production of aircraft, with the production of spacecraft,” said Air Force Secretary Troy Meink.
The Army has spent years evolving itself for a China fight and now needs Congress to back the systems it requires for a fight in the Pacific.
Breaking Defense Europe will launch May 4 with Tim Martin and Elisabeth Gosselin-Malo as co-editors.
With $70.5 billion in the FY27 budget request for munitions, a handful of analysts said they expect the Pentagon to spread the funding over several years and to fuel multiyear buys.
The deal follows a similar seven-year framework agreement with PAC-3 prime Lockheed Martin, announced in January, to expand interceptor production.
Boeing CEO Kelly Ortberg emphasized that the latest charge on the beleaguered tanker does not reflect larger issues across its defense business, with executives attributing it to higher production support and supply chain costs.
The deal comes as the Defense Department seeks to overhaul its acquisition apparatus to prioritize speed and as top officials have promised industry steady demand signals — and bigger awards — if companies make deeper investments into developing new products and expanding infrastructure.
Do more with less: streamline workflows, reduce duplication, invest upfront to save long-term.
The award is the "largest contract in Lockheed Martin Missiles and Fire Control history," according to a company executive.
The heavy variant would be based on a Palletized Loading System and fire either Tomahawk or PAC-3 missiles, while the medium-class launcher would use an FMTV to fire Multiple Launch Rocket System munitions or AIM-9X interceptors.
Lockheed Martin and Raytheon had been closing watching the Army's Lower-Tier Future Interceptor program, but the cancelation of that effort comes as little surprise, company officials said.
Boeing's innovative solutions help the U.S. maintain global dominance by deterring and defeating the threats of today — for the sake of tomorrow.
Government can’t stop to update systems, so modernization has to happen without interruptions.
To help accelerate American and allied military modernization and preserve global deterrence, Lockheed Martin is developing a new framework for 21st Century Warfare.
Arab Gulf States must improve ISR, EW capabilities and extend their early warning range and enhance systems' integration to counter Iran's ballistic missile threat
The Swiss want a new anti-missile defense system and asked for bids. We’re hearing the US leaned on Israel so Rafael did not submit a bid. Israel, as this story makes clear, really does want to bid.
The $4.75 billion air defense deal gives NATO a significant new defense against growing Russian threats in the Baltic.