Aerospace Group:

Army

BAE Systems Receives $575 Million From Army To Move AMPV Into Initial Production

By Matthew Beinart

Tuesday, February 19th, 2019

SHARE:

BAE Systems Receives $575 Million From Army To Move AMPV Into Initial Production

BAE Systems' Armored Multipurpose Vehicle (AMPV)

The Army has awarded BAE Systems $575 million in contract modifications to move its Armored Multi-Purpose Vehicle (AMPV) into low-rate initial production, the company said Tuesday. The latest deals bring the total for LRIP to $873 million as the Army looks to move forward with its program to replace Armored Brigade Combat Teams’ M113 armored personnel carriers. The two contracts include a $128 million deal awarded in January, and a $447 million contract in February, according to BAE Systems. “Moving…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]