Sign In
Search
Air Force

Boeing and Lockheed Martin Look to $3.4 Billion in Local Financing for NGAD

Frank Wolfe Frank Wolfe
SHARE:
Boeing and Lockheed Martin Look to $3.4 Billion in Local Financing for NGAD
Secretary of the Air Force Frank Kendall walks with Gen. Mark Kelly, commander of Air Combat Command, after arriving at Joint Base Langley-Eustis, Va., on Sept. 23, 2022 (U.S. Air Force Photo)

Boeing [BA] and Lockheed Martin [LMT] are looking to $3.4 billion in local financing to aid company expansions for the development of their Next Generation Air Dominance (NGAD) systems. Boeing wants $1.8 billion in bonds for "Operation Voyager" to build 1 million square feet of new assembly, hangar and operations space on 150 acres next to St. Louis Lambert International Airport in Berkeley, Mo. The bond proposal could result in $155 million in tax relief for Boeing over the next…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Advanced / Transformational Technology

USAF Test Pilot School And Lockheed Martin Collaborate On Automatic SAM Avoidance

Advanced / Transformational Technology

Air Force CCA Mission Autonomy Phase Begins With Software From Collins Aerospace And Shield AI

Advanced / Transformational Technology

GPS-IIIF Will Change “Calculus” Of Adversaries Seeking To Counter GPS, Lockheed Martin Official Says

Advanced / Transformational Technology

Pentagon CTO Confirms Work With Anthropic Is ‘Under Review,’ Pushes Back On AI Use Concerns

Trending

Rolls-Royce F130 Engine For B-52 Passes Altitude And Operability Testing, Company Says
Kratos, GE Win Air Force Contract For GEK1500 Engine Preliminary Design
Defense Watch: F-47 Engine, Army News, Leidos Realigns, New SRM Facility
Anduril Gets $44 Million In DPA Funding To Expand Rocket Motor Production
Contract Awards

Congress Updates

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 […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume