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Army Awards Boeing $3.3 Billion Contract For Saudia Arabia Apaches

Wednesday, March 29th, 2017

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The Army on March 15 awarded Boeing [BA] a $3.3 billion contract modification to provide Apache helicopters to Saudi Arabia, according to a Pentagon statement.The contract modification is a multi-year deal for lots 7-11, AH-64E full-rate production (FRP) of remanufactured aircraft and new build aircraft. It also includes remanufacture and new build Apache Longbow crew trainers, peculiar ground support equipment, initial spares, integrated logistics support and engineering technical services.Work has an estimated completion date of June 30, 2022.

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]