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Airbus, Safran Complete Space Launchers Joint Venture

Friday, July 8th, 2016

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Airbus Group and Safran Group on June 30 said they have finalized the creation of their joint venture for the space launchers business, meaning it is now full-fledged operational company.The two companies initiated operations of their 50-50 joint venture on Jan. 1, 2015 after approval by the European Space Agency in December 2014. Safran is making an $831 million payment to Airbus to obtain its 50 percent stake in Airbus Safran Launchers.Europe’s Airbus and France’s Safran said that with the…

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 […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]