Aerospace Group:

Air Force

Air Force Awards Raytheon Training Contract Worth Up To $20.9 Billion

Wednesday, August 26th, 2015

SHARE:

Raytheon [RTN] was awarded by the U.S. Air Force as a prime contractor on the Training Systems Acquisition III (TSA III) contract, worth upwards of $20.9 billion over 10 years if all options are chosen.Under the Air Force Life Cycle Management Center contract selection, Raytheon is to compete in multiple order bids to provide lifecycle management for aircrew, maintenance, and systems-specific training systems on a global basis, the company explained. The contracts are indefinite-delivery/indefinite-quantity."We are more than ready to support…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]