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U.S. Navy Awards $200M for Low-Cost Blackbeard Hypersonic Missile Production
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The U.S. Navy has awarded $200 million for the production of low-cost Blackbeard hypersonic missiles, which will be deployed from the service's carrier-based fighters. The Portfolio Acquisition Executive Aviation office and missile start-up Castelion announced the delivery order investment on Monday. The $200 million will support production of additional Blackbeard missiles beyond the 50 early operational capability missiles previously funded in June. According to Defense Department contracts, $43 million will go toward the production of 444 Blackbeard missiles. Castelion aims to keep the cost of each Blackbeard around half a million dollars to achieve mass affordable production. The award comes as part of the Navy's effort to field a low-cost hypersonic capability for its carrier air wing.
Source report
The U.S. Navy has awarded $200 million this week for the production of low-cost Blackbeard hypersonic missiles, which will be deployed from the service's carrier-based fighter aircraft.
On Monday, the Portfolio Acquisition Executive Aviation office and low-cost missile startup Castelion announced the delivery order investment. The $200 million will support the production of additional Blackbeard missiles beyond the 50 early operational capability units previously funded in June.
According to Department of Defense contracts, $43 million of the total award will go toward the production of 444 Blackbeard missiles.
Castelion aims to keep the per-unit cost of the Blackbeard missile at approximately half a million dollars in order to achieve mass, affordable production.
Source
USNI NewsWestern
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U.S. Navy awards Castelion $200 million for low-cost Blackbeard hypersonic missile production