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Friday, January 20, 2012

Pentagon Said to Propose Ending $6.8 Billion Missile, Satellite

Joint Air-to-Ground Missile (JAGM)The Pentagon will propose canceling a potential $6.8 billion Army missile program that pits Lockheed Martin Corp. against Raytheon Co., a Northrop Grumman Corp. weather satellite, and an Air Force light-attack aircraft, according to a government official.

The Joint Air-to-Ground Missile, the Defense Weather Satellite System, and the plane are included on a list of weapons programs that would be terminated under the fiscal 2013 defense budget to be sent to Congress next month, according to the official, who spoke yesterday on condition of anonymity before Defense Secretary Leon Panetta releases some budget details on Jan. 26.

The three programs would be ended along with a 10-year-old initiative costing about $4 billion under which Boeing Co. is upgrading C-130 Hercules transports with modern cockpit electronics.

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