Page 2 - Next Generation Interceptor News Today

Lockheed CFO Jay Malave said the company currently expects the program to become profitable on an annual basis around the 2028 timeframe.

The reduction would impact several acquisition and development programmes, creating capabilities gaps in US missile defence architecture.

Lockheed Martin's $17 billion Next Generation Interceptor contract bolsters US defenses against ever-evolving ballistic missile threats.

The Nasdaq 100’s technology stocks wrapped up their fourth consecutive week in the red, marking their most dismal stretch and sharpest declines since late 2022, as investors opted to pocket profits against a backdrop of mounting concerns over inflation and geopolitical tensions.

With a max value of $4.1 billion over five to 10 years, the C2BMC-Next contract will upgrade the global missile defense system to tap new satellite feeds, track hypersonic and cruise missiles, and employ AI — all potential building blocks of a future CJADC2 meta-network.

MDA Chief Lt. Gen. Heath Collins told lawmakers the sharply accelerated schedule was a result of budget constraints paired with agency confidence in its "in-depth" knowledge of competitors Northrop and Lockheed's designs even before formal design review.

In this Q&A with Northrop Grumman’s Lisa Brown, vice president and program director for Next Generation Interceptor (NGI), we discuss the differences between NGI and the existing Ground-based Midcourse Defense (GMD) system, recent milestones and near-term roadmap for NGI, and the digital engineering aspects driving the program.

The MDA request includes $105 million for the Long Range Discrimination Radar (LRDR), slightly more than the $103.5 requested in FY24. LRDR, deemed a critical capability by US Northern Command (NORTHCOM)/NORAD leaders, will transfer to the Space Force to begin operations in FY25.

The Missile Defense Agency's budget of $10.4 billion in FY25 attempts to prioritize homeland defense and standing up a defensive architecture in Guam.

Defense contractor Northrop Grumman says it is ready to test fire the the first stage three solid rocket motor for the new missile interceptor.