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Army

Bell Helicopter Taps Lockheed Martin To Join Team On Third Gen Tiltrotor

By Cal Biesecker

Tuesday, September 10th, 2013

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Bell Helicopter [TXT] yesterday named Lockheed Martin [LMT] the first of its V-280 program tier one members. The Army recently chose the Bell V-280 Valor to enter into negotiations for the Joint Multi-Role (JMR) Technology Demonstrator (TD) program, with contracts expected to be awarded this month. The Bell team faces competition from a Sikorsky [UTX]-Boeing [BA] team. V-280 Valor Artist's Rendering: Bell Helicopter Additional team members will be announced in the coming months. "We are very excited about teaming…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

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 […]