MDA Awards Raytheon Interceptor Development Contract

November 2, 2008 by Dagpotter · Comment
Filed under: Contract Awards, MDA, Raytheon, development program, missile defense, space 

Reuters reports that the Missile Defense Agency (MDA) has awarded a over $400 M contract to Raytheon for development of a new interceptor to the Ground Based Missile Defense System. The contract is for a new, multiple kill vehicle payload to allow the attack of multiple targets with one interceptor. The current system installed in Alaska utilizes interceptors with one kill vehicle on them. This new system would minimize the number of interceptors required to destroy a target, especially if their are a number of decoys also as part of the attack.

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Defense spending to continue in 2009

September 9, 2008 by Dagpotter · Comment
Filed under: Lockheed Martin 

Lockheed Martin’s CFO, Bruce Tanner, gave an interview to CNNMoney.com. His key point is that with either the election of Senator Obama or McCain there will be no real downturn in defense spending. Many have felt that the Democrat might slash defense spending in order to pay for the other programs he has proposed. The last two Democratic administrations, Carter and Clinton, are not well remembered within the Department of Defense due to their reduction in funding. Both of these administrations cut back heavily on spending, especially in the area of investment for new weapon systems. Read more

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