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Air Force

Boeing Triggers Nuclear Option, Walks Away From ‘Unfair’ ICBM Competition

Thursday, July 25th, 2019

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Boeing Triggers Nuclear Option, Walks Away From ‘Unfair’ ICBM Competition

Boeing concept art of a next-generation intercontinental ballistic missiles. Source: Boeing

Citing “unfair” competition from a rival with a captive solid rocket motor business, Boeing Co. [BA] this week walked away from a potentially $25 billion Air Force contract to build the Ground Based Strategic Deterrent (GBSD): the next generation of nuclear-tipped, intercontinental ballistic missiles. In a July 23 letter to an Air Force acquisition official, Leanne Caret, Boeing’s chief executive officer, said the company “does not intend to submit a prime offer” in response to the Air Force’s July 16…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]