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Army

Boeing, Textron Given Shots At $475 Million SOCOM Drone Services Contract

Thursday, June 8th, 2017

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Boeing, Textron Given Shots At $475 Million SOCOM Drone Services Contract

The ScanEagle is a catapult launched UAV. Photo: Boeing.

U.S. Special Operations Command (SOCOM) on June 7 announced that Boeing’s [BA] Insitu unmanned systems arm and Textron’s [TXT] AAI Corp. both share in a multiple-award contract for providing unmanned aircraft services to forces around the globe through 2022.Both companies were awarded contracts that initially pay out $150,000 in fiscal 2017 funding. The contracts include a 54-month base performance period followed by four year-long ordering periods and a final six-month order period. The total scope of mid-endurance unmanned aircraft systems…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]