Aerospace Group:

Bristow Group to Add Defense Work To Profile With Planned Buy of Columbia Helicopters

Frank Wolfe

Monday, November 12th, 2018

SHARE:

Bristow Group on Nov. 9 said it has signed a $560 million acquisition of Oregon-based, privately held Columbia Helicopters--a planned buy that will significantly increase Bristow Group's defense operations.On the defense side, Columbia is a a Commercial Airlift Review Board (CARB)-certified operator, a designation that allows the company to provide outsourced military transport. Columbia has provided charter services for soldiers in Afghanistan and has carried cargo, mail and passengers in the country for U.S. Transportation Command (USTRANSCOM).While 67 percent of Bristow…

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

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 […]