Tags javelin

Biden signs CHIPS and Science Act to spur US-made national security technologies

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President Biden signed the CHIPS and Science Act into law on Tuesday, authorizing new policies and billions in funding to advance research and development and help fortify American technology manufacturing and supply chains. Semiconductors, or chips, help power weapon systems, computers, phones, appliances, automobiles, and many other modern technologies. Though they were first invented in America, the nation now produces only about 10% of the world’s supply of chips —…

Biden, visiting Javelin missile factory, urges Congress to pass CHIPS semiconductor funding

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President Biden on Tuesday visited a weapons factory where he urged lawmakers to come together and pass the CHIPS for America Act to boost domestic production of semiconductors that are critical for U.S. military systems and a wide variety of commercial products. The Creating Helpful Incentives to Produce Semiconductors (CHIPS) legislation would invest more than $50 billion to bolster American semiconductor production, but Congress has yet to pass it as…

White House wants $550M for new critical munitions acquisition fund

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President Biden is asking lawmakers for $550 million to establish a new Critical Munitions Acquisition Fund plus billions of dollars to replenish U.S. military stocks in the wake of multiple security assistance packages for Ukraine. The initiative is part of a broader request for $33 billion in supplemental funding request for security, economic and humanitarian aid that the White House submitted to Congress Thursday. The $550 million would help to…

Army acquisition executive sees potential for greater investment in loitering munitions

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The Army’s top weapons buyer sees loitering munitions as a growing area of technology that could see increased investment from the Department of Defense in the coming years. These types of systems, sometimes referred to as suicide drones, are different than the larger unmanned platforms that gained fame during the post-9/11 wars such as the MQ-9 Reaper. The latter uses sensors onboard the aircraft to find targets and then launches…

Nominee for Pentagon’s top acquisition post intends to prioritize munitions

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President Joe Biden’s nominee to be the next undersecretary of defense for acquisition and sustainment said expanding munitions stockpiles for the U.S. military and international partners will be a top priority if he’s confirmed by the Senate. The importance of advanced munitions has been highlighted in recent weeks during Russia’s invasion of Ukraine. Since the large-scale Russian attack kicked off on Feb. 24, Ukrainian forces have put up stiff resistance…

US sending slew of additional weapons to Ukraine to thwart Russian invaders

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President Joe Biden has authorized the transfer of $800 million worth of additional weapons and other military equipment to Ukraine to help local forces take on Russian invaders, the White House announced Wednesday. The package includes 800 Stinger anti-aircraft missiles, as well as 2,000 Javelins, 1,000 light anti-armor weapons and 6,000 AT-4 anti-armor systems. The weapons are designed to destroy planes, helicopters, tanks and other vehicles. The security assistance also…