Aerospace Group:

Army

Boeing Nets $140M Deal For US Special Operations Chinooks

Thursday, July 12th, 2018

SHARE:

Boeing Nets $140M Deal For US Special Operations Chinooks

Boeing [BA] has received a $139.8 million contract to build four MH-47G Block II Chinook helicopters for U.S. Army Special Operations Aviation Command.The heavy-lift helicopters mark the start of Block II production for SOCOM that is expected to run into the late 2020s. The Army has 69 MH-47G Chinooks in operation and eventually will upgrade all of the highly classified aircraft to Block II configuration, an evolutionary upgrade package Boeing developed and is now producing under a $276 million contract…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

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 […]