Aerospace Group:

Army

Army Orders More AeroVironment Raven UAVs

DDN

Tuesday, February 19th, 2008

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AeroVironment Inc. [AVAV] Feb. 7 announced a $45.8 million Army award for additional RQ-11B Raven small unmanned aircraft systems (UAS) and associated services by the exercise of a one-year option under an existing multi-year contract. Each Raven system typically consists of three aircraft, a ground control station, system spares, and related services. In fiscal year 2009, the Army budget request for Raven is $32 million in procurement and research, development, test and evaluation. The bulk of the funds would be…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]