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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A joint venture between RTX's Raytheon business and Israel-based Rafael Advanced Defense Systems will make a $33 million investment to establish a facility in East Camden, Arkansas, to manufacture the Tamir missile for the Iron Dome weapon system and the U.S. version of the missile, dubbed SkyHunter. The Raytheon-Rafael Area Protection Systems JV will break ground on the manufacturing facility before the end of 2023 and plans to kick off missile production in 2025, RTX said Thursday.

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The U.S. Navy and the Missile Defense Agency demonstrated the multiple target detection feature of a Lockheed Martin-built Aegis Weapon System installed on the destroyer USS Carl Levin during an integrated air and missile defense test. The joint test, called Vigilant Wyvern, saw the Aegis Weapon System-48 engage anti-ship cruise missiles and ballistic missile defense targets in a realistic IAMD scenario in the Pacific Missile Test Range Facility in Kauai, Hawaii, Lockheed said Thursday.

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Mercury Systems has supplied the final radar processing hardware that Raytheon, an RTX business, will integrate into an initial production batch of Lower Tier Air and Missile Defense Sensor systems for the U.S. Army. More than 160 processors have been delivered to support the first six sensors under a proof of manufacturing contract between the […] More
Lockheed Martin completed a test focused on the integration of the Patriot Advanced Capability-3 Missile Segment Enhancement interceptor with the Aegis Weapon System’s AN/SPY-1 Radar. The missile interceptor was able to communicate with the radar after its radio frequency data link was converted from dual band to tri-band, resulting in an S-band frequency, the company […] More
Nvidia‘s quarterly revenue guidance drove an extended trading session rally in artificial intelligence-related stocks and fueled a 28 percent jump in shares at the company after the bell Wednesday, Reuters reported. The market value of Nvidia increased by $200 billion to more than $960 billion after the company’s stock price hit a record high of […] More
Lockheed Martin has awarded Aerojet Rocketdyne a contract to build more solid rocket engines and control systems for the Terminal High Altitude Area Defense program. Aerojet Rocketdyne said Monday the deal includes manufacturing lots 13 and 14 propulsion hardware to power the Missile Defense Agency’s THAAD interceptors. The weapon system is designed to help U.S. […] More
Aerojet Rocketdyne aims to expand its presence in Huntsville, Alabama, with the development of a manufacturing facility that will accommodate the production of new capabilities for its defense business unit.  The company said Monday it will transition some inert work from its current Camden, Arkansas, location to the 379,000-square-foot manufacturing facility envisioned to be operational […] More
The Department of Energy’s Oak Ridge National Laboratory has launched its Frontier supercomputer designed to help researchers accelerate scientific discoveries. Frontier is the world’s first exascale computer composed of 74 Hewlett Packard Enterprise Cray EX cabinets that include 9,400 Advanced Micro Devices-powered nodes and 90 miles of interconnect cables, ORNL said Wednesday. “Exascale computing is […] More
Aerojet Rocketdyne has opened a 51,000-square-foot facility in Camden, Arkansas, that consolidates multiple activities involved in producing solid rocket motors. The company said Wednesday it will make propulsion systems in the new building to power the updated version of the Patriot Advanced Capability-3 weapon system, which Lockheed Martin makes for defense customers. Eileen Drake, president and […] More
The U.S. Army has received a new mobile rocket launcher system developed by Lockheed Martin to equip next generation rockets and missiles for long-range firing operations. The M270A2 Multiple Launch Rocket System is the latest configuration of the M270 launcher that features new engines, enhanced armored cabs and a common fire control system, and is […] More
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