16 days agoArmy Awards Lockheed Martin $1.08B Future Interceptor Prototype OTA
The U.S. Army awarded Lockheed Martin an estimated $1.08 billion Other Transaction Agreement for Future Interceptor prototype development, testing and evaluation, funded by $660.4 million in government funding and a $423 million company cost share. The award advances a next-generation air and missile defense capability, but does not guarantee follow-on development or production; PAC-3 Edge flight testing is expected to begin in 2027.
18 days agoX-Bow to Develop Solid Rocket Boosters for CoAspire’s CHAOS Missile
CoAspire selected X-Bow Systems to develop and produce ground-launched solid rocket motor boosters for its CHAOS cruise-missile program, designed for affordable, mass-producible weapons for U.S. allies and coalition partners. The Navy’s $70 million prototype OTA went to CoAspire; X-Bow’s selection value, terms, and any follow-on production plans have not been reported.
66 days agoUS Space Force Engages Leonardo DRS for Advanced Sensor Technology Development
The United States Space Force has awarded an Other Transaction Agreement to **Leonardo DRS** for advanced sensor technology development aimed at bolstering space situational awareness. This investment emphasizes scalable manufacturing and resilient supply chain capabilities crucial for national security in space operations.