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Army, Boeing Sign $4.3 Billion CH-47F Helicopter Deal

Boeing [BA] received a five-year, $4.3 billion Army contract for 181 CH-48F Chinook helicopters and 10 more Chinooks under fiscal year 2008 supplemental funding. The award contains options for an additional 24 aircraft over the course of the contract. "This multiyear award will yield a cost savings of more than $449 million for the U.S. Army and taxpayers," Jack Dougherty, vice president, Boeing H-47 Programs, said. "This also builds security into our production schedule for the next five years, stabilizing…

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Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

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