There is an extraordinary contradiction in the global defense industry. The United States and its allies are struggling to replenish depleted ammunition inventories, missile interceptors are being consumed faster than manufacturers can replace them, and military planners are discovering that modern warfare requires far greater industrial capacity than they had anticipated. Yet … [Read more...] about Why Defense Stocks Are Falling While the World Is Running Short of Ammunition
Missile
Japan Maritime Self-Defense Force, Missile Defense Agency demonstrate new layered missile defense capability
Japan intercepts targets with Raytheon Missiles & Defense's SM-3® Block IB and SM-3 Block IIA OFF THE COAST OF KAUAI, Hawaii, Nov. 21, 2022 - During a demonstration here, Japan's Maritime Self-Defense Force successfully intercepted short and medium-range ballistic missile targets with SM-3® Block IB and SM-3 Block IIA interceptors. This is the first time a non-U.S. maritime … [Read more...] about Japan Maritime Self-Defense Force, Missile Defense Agency demonstrate new layered missile defense capability
L3Harris Secures $700 Million Advanced Missile Tracking Space Development Agency Program
Highlights: Affirms L3Harris as trusted prime to provide networked missile-tracking solutions Includes 14-vehicle satellite constellation as well as supporting ground operations and equipment Addresses hypersonic missile threat in support of multi-layer National Defense Space Architecture MELBOURNE, Fla., July 18, 2022 - L3Harris Technologies (NYSE:LHX) has been … [Read more...] about L3Harris Secures $700 Million Advanced Missile Tracking Space Development Agency Program
SciTec Awarded U.S. Army Contract for Missile Simulator Support
PRINCETON, N.J., July 14, 2022 - SciTec Inc., was awarded a $26.6M contract from the U.S. Army to continue system development and technical support for missile simulators for the joint Service agency Center for Countermeasures. Under this 5-year effort SciTec will maintain and improve the Joint Mobile Infrared Countermeasure Test System (JMITS) and Multi-Spectral Sea and Land … [Read more...] about SciTec Awarded U.S. Army Contract for Missile Simulator Support