L3Harris announced plans Dec. 18 to acquire Aerojet Rocketdyne, the only U.S. maker of certain propulsion components for several key American military and space assets for $4.7 billion. The deal, which requires final approval from the Federal Trade Commission, would secure L3Harris as one of ...
Congress is of a mind to allow the Pentagon to do more multiyear procurement—in the billions of dollars—particularly of munitions, given the situation in Ukraine and its implications for other potential conflicts, Pentagon acquisition and sustainment chief William LaPlante said.
One of the biggest lessons to emerge from the war in Ukraine is that weapons that are in production constitute a credible threat to adversaries, whereas weapons that are merely experimental—or are not actually being made in numbers—are not, according to William LaPlante, the Pentagon’s ...
A new $775 million security package to help Ukraine fight Russia includes 15 ScanEagle unmanned aerial systems for intelligence, surveillance, and reconnaissance that a Pentagon official said “will enable the targeting of the whole host of artillery capabilities that Ukraine has available.” The official said ...
Russia’s long-range bombers fire cruise missiles against Ukrainian civilian and military infrastructure nearly unimpeded, so Ukraine needs surface-to-air missile systems that can track and destroy cruise missiles, the Ukrainian Air Force's top enlisted leader told Air Force Magazine. Russian TU-160 and TU-135 strategic bombers take ...
President Joe Biden called on Congress to pass a supplemental aid package worth $33 billion to replace the nearly-exhausted $3.5 billion Ukraine aid package passed in March. The multi-faceted replenishment includes weapons and humanitarian and economic assistance, and it would deliver $16 billion to the ...
Lockheed Martin will buy Aerojet Rocketdyne, maker of rocket motors and hypersonic engines, among other products, in a $5 billion transaction, Lockheed announced Dec. 21. The biggest issue in the potential deal is how comfortable the industry, Congress, and the Pentagon will be with all ...