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$3.4B Multi-Year Apache Contract Expedites Future Foreign Military Sales, Saves Army 10 Percent

Wednesday, March 29th, 2017

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A recent five-year, $3.4 billion multi-year contract for Boeing [BA] AH-64E Apache gunships not only saves the Army and Saudi Arabia money for each helicopter, but establishes a relatively swift onramp for additional allied armies to purchase the aircraft.The contract, announced March 16, has a base value of $3.4 billion. That base contract includes 244 AH-64Es for the U.S. Army and a concurrent option for another 24 exercised by Saudi Arabia as part of the multi-year procurement agreement.It is the…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]