The Air Force's ARRW hypersonic missile would cost about $15 million per shot across a production run of 300 missiles, but that’s a third of the cost of the Army's ground-launched hypersonic missile, the Congressional Budget Office said. The CBO relied on open sources to ...
U.S. Northern Command’s homeland cruise missile detection and defenses must be upgraded to respond to new threats, experts say, and a major D.C. think tank proposes a multi-layered defense that would require fewer Air Force fighters in the air and use new E-7 Wedgetails, the ...
Senior Department of the Air Force and National Guard officials are preparing to brief Defense Secretary Lloyd J. Austin III on plans for a combined Space Force Active and Reserve component and separate Space National Guard in the coming days. National Guard Bureau chief Army ...
Senators endorsed the creation of a reserve component for the Space Force in new legislation but want more evidence that a Space National Guard is necessary as well. The Senate Armed Services Committee this week approved its version of the fiscal 2021 defense policy bill ...
Creating a Space National Guard could cost nearly $500 million a year, plus additional one-time costs, the nonpartisan Congressional Budget Office found in a new analysis. CBO studied two options: one based on an existing proposal for a smaller Space National Guard, and another on ...
More than a year ahead of schedule, the Air Force has picked Raytheon Technologies' version of the stealthy, nuclear Long-Range Standoff Missile to continue in development, ending Lockheed Martin's involvement in the program. While not a contract award, the move allows USAF to shift some ...
Massive spending to combat the coronavirus pandemic may suppress defense spending and therefore defense stock prices, which have tanked to the tune of more than 30 percent in the last month, according to defense and aerospace analyst Byron Callan of Capital Alpha. Congress may also ...