Business

March 18, 2016
 

U.S. Air Force awards Raytheon $573 million to continue building AMRAAM

The U.S. Air Force has awarded Raytheon a $573 million contract modification to exercise the option on a previously awarded contract for Advanced Medium Range Air-to-Air Missiles.

Work will be performed in Tucson, Arizona, and is expected to be complete by February 2019.

AMRAAM is a combat-proven missile that has demonstrated operational flexibility in both air-to-air and surface-launch engagement scenarios and provides today’s warfighter with enhanced operational capability, cost effectiveness and future growth options/solutions.

Procured by 36 countries, the combat-proven AMRAAM has been operational and integrated on the F-16, F-15, F/A-18, F-22, Typhoon, Gripen, Tornado, Harrier, F-4 and the Joint Strike Fighter aircraft. It is also the baseline missile for the National Advanced Surface-to-Air Missile System.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines – November 19, 2018

News Here’s what Pentagon’s first-ever audit found – The Pentagon’s first-ever audit discovered major flaws in how it handles IT processes and challenges with its internal tracking databases, but did not discover any major cases of fraud or abuse.     Business Australia makes its pick for drone fleet – Australian Defence Minister Christopher Pyne...
 
 

News Briefs – November 19, 2018

U.S. military chief says tech giants should work with Pentagon The top U.S. military officer says it’s problematic that American tech companies don’t want to work with the Pentagon but are willing to engage with the Chinese market. U.S. Chairman of the Joint Chiefs of Staff Joseph Dunford told the Halifax International Security Forum Nov....
 
 
virgin-galactic9

Virgin Orbit completes successful captive-carry flight test with ‘flying launchpad’

VICTORVILLE, Calif.— On Nov. 18, a new sight appeared in the baby-blue skies over Southern California: A specially modified 747-400 carrying a 70-foot-long rocket under its wing soared through the air as part of a successful ...