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Tuesday, August 22, 2017

Today's Defense & Aerospace News

Image - Boeing Awarded Design Work for New ICBM

Boeing Awarded Design Work for New ICBM

Boeing [NYSE: BA] will develop its preliminary design for America's next intercontinental ballistic missile through a $349 million U.S. Air Force contract announced today. Boeing and Northrop Grumman each received risk-reduction contracts for the Ground Based Strategic Deterrent program, which will replace the Minuteman III ICBM. In 2020, the Air Force will choose one c...
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Image - LM-Led Team Successfully Completes Builders Trials for LCS Little Rock

LM-Led Team Successfully Completes Builder's Trials for LCS Little Rock

The Lockheed Martin (NYSE: LMT)-led industry team successfully completed the future USS Little Rock's (LCS 9) Builder's Trials on Aug. 17. The ship's sea trials were completed in Lake Michigan after a successful set of demonstrations which saw the fifth LCS 9 hit speeds over 40 knots. "The Freedom-variant LCS plays a critical role in the U.S. Navy's fleet, and we are co...
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Image - USAF Selects NGC as Partner on GBSD Program

USAF Selects NGC as Partner on GBSD Program

The U.S. Air Force has selected Northrop Grumman Corporation (NYSE: NOC) as one of two companies to mature designs for the Ground Based Strategic Deterrent (GBSD) program, the nation's next Intercontinental Ballistic Missile (ICBM) system. The company was awarded a $328 million contract to execute the Technology Maturation and Risk Reduction (TMRR) phase of the GBSD pro...
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