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…
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‘Experimentation Fatigue’ Cited As Issue for Industry and Pentagon
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Congress Updates
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 […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]