Northrop Grumman has received a contract for $56 million to add a new mobile target precision tracking and engagement capability to the Air Force’s E-8 Joint STARS fleets of ground radar aircraft. The Enhanced Land/Maritime Mode system will “improve overall battlefield response and tactical decision-making,” says Dave Nagy, Northrop’s VP for intelligence-surveillance-reconnaissance programs.
The Pentagon's Office of Strategic Capital is giving a $150 million conditional loan to Rocket Lab meant to increase the launch rate for its new reusable Neutron rocket, which is slated for its first flight next year.