U.S. Navy places $70m bet on a new cruise missile maker
The U.S. Navy handed a brand-new missile maker $70 million to build a cheap cruise missile, and it says this is only the opening move. The Office of the Assistant Secretary of the Navy for Research, Development and Acquisition confirmed that PAE Munitions, the Navyβs precision-strike acquisition arm, awarded CoAspire, a company it described as [β¦]