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Air Force

Air Force Officially Awards Boeing $3.9 Billion For New Air Force One

Wednesday, July 18th, 2018

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Air Force Officially Awards Boeing $3.9 Billion For New Air Force One

An artist's rendering of the future Air Force One. (Photo: Boeing)

The Air Force awarded Boeing [BA] a $3.9 billion contract on Tuesday to launch the engineering and manufacturing development (EMD) phase of the Presidential Aircraft Recapitalization (PAR) that will replace the current fleet of Air Force One presidential jets.In the contract announcement, the Air Force said $64 million is being obligated at award time, while the whole program is worth $3.9 billion.This new firm-fixed-price undefinitzed contract includes the detailed design, modification, testing, certification, and fielding of two mission-ready presidential 747-8…

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]