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Business/Financial

Boeing To Gain New Sole Source Ground-based Midcourse Defense Contract

DDN

Monday, March 31st, 2008

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The Missile Defense Agency (MDA) will negotiate a sole-source contract for The Boeing Co. [BA] to continue leading the Ground-based Midcourse Defense program, according to an MDA notice and Boeing officials. They declined to specify the possible dollar amount of the new contract, saying that Boeing now is in a "quiet period" when officials can't discuss revenue/earnings numbers. But the work could run into the billions of dollars. That new core completion, cost-plus-award-fee contract would subsume an existing contract that…

Congress

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 […]

Congress

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 […]

Congress

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 […]

Congress

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 […]