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Business/Financial

Boeing’s Insitu Nabs $117 Million Contract To Provide UAS Services To Coast Guard

By Cal Biesecker

Thursday, June 7th, 2018

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Boeing’s Insitu Nabs $117 Million Contract To Provide UAS Services To Coast Guard

The Coast Guard late Wednesday awarded a potential $117.2 million contract to Boeing’s [BA] Insitu unit to provide contractor owned and operated small unmanned aircraft (sUAS) services aboard its fleet of National Security Cutters (NSC), the first time the service has contracted for sustained and wide-scale use of unmanned aircraft.Boeing beat out an offering from Textron [TXT] for the award, which has a one-year base period and seven option years.The first deployments of Insitu’s ScanEagle sUAS are scheduled to be…

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

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Congress

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

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Congress

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

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