Aerospace Group:

Australian Government Releases $970 Million Naval Shipbuilding Plan

Friday, May 19th, 2017

SHARE:

Australian Government Releases $970 Million Naval Shipbuilding Plan

Australia's Prime Minister Malcolm Turnbull. Photo: Australian Government.

The Australian Prime Minister Malcolm Turnbull released Australia’s first Naval Shipbuilding Plan last Tuesday, outlining the country’s largest shipbuilding and sustainment program with $970 million of investments.The funds are set to develop infrastructure in Australia’s shipyards so the government can build its next generation of naval vessels in Australia, the government said. This is intended to “end the boom-bust cycle that has afflicted the industry for many years, providing certainty for local businesses and shipbuilding workers.”Work will begin in 2017 on…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]