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BAE Systems’ FMTV Loss Could Cost Houston Region Nearly $2 Billion Annually, TF Says

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Friday, November 20th, 2009

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By Ann Roosevelt The Greater Houston Partnership finds BAE Systems' loss of the contract for the Army Family of Medium Tactical Vehicles (FMTV) could cost the region $1.8 billion annually if not reversed. BAE Systems is protesting the Army's award of the FMTV competitive rebuy contract to Oshkosh Corp. [OSK], and expects a decision from the Government Accountability Office by Dec. 14. BAE produces the vehicles in Sealy, Texas. "The total impact to our economy is huge," Jeff Moseley, president…

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 […]