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Boeing, Lockheed Martin To Join Forces In Bid To Make Next Generation Bomber

By Jen DiMascio The nation's two largest defense contractors--Boeing [BA] and Lockheed Martin [LMT]--are expected to announce today that they will join forces in an effort to make the Air Force's next generation of bomber aircraft, according to informed sources. Senior Air Force officials have said the service can field a new bomber by 2018--although it will have to begin as a basic model that will receive subsequent upgrades. "It won't be the Cadillac version because this is not required,"…

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Congress Updates

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]


SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]


House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]


MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]