Boeing [BA] has sealed a $26 million deal with Saudi Arabia for eight CH-47F Chinook heavy lift helicopters, adding to the contracts the company has inked with the Royal Saudi Land Forces under a multi-billion-dollar foreign military sales program.On May 25, the U.S. Army awarded Boeing the $26 million contract for eight new-build Chinooks in the most up-to-date configuration. Work will be performed at the company’s CH-47 manufacturing plant outside Philadelphia through July 2021.The contract modification is part of a much…
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House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense
House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]
Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns
Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]
Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost
Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]
CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million
The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]
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