Navy/USMC
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Navy/USMC
FY 2018 Navy Budget Request Holds Steady On Procurement
The U.S. Navy’s Fiscal Year (FY) 2018 budget request released Tuesday increases Navy funding from $135 billion to $145 billion, but most of the new money goes into the operations […]
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Air Force
Trump’s $639 Billion Defense Budget Misses ‘Historic’ Increase Mark, Focuses On Current Fight Over Long-term Modernization
The Trump Administration’s proposed 2018 defense budget falls short of the dramatic boost to military spending he has repeatedly promised, focusing instead on beefing up near-term combat capabilities while setting […]
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Air Force
Trump’s $639 Billion Defense Budget Misses ‘Historic’ Increase Mark, Focuses On Current Fight Over Long-term Modernization
The Trump Administration’s proposed 2018 defense budget falls short of the dramatic boost to military spending he has repeatedly promised, focusing instead on beefing up near-term combat capabilities while setting […]
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Business/Financial
L3 Acquires UUV Technology Developer Open Water Power
Adding to its technology base in the area of unmanned underwater systems, L3 Technologies [LLL] last Friday acquired Open Water Power, Inc., a small developer of power generation technologies. Terms […]
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International
U.S. And Japan Naval Forces Complete Exercises In The South China Sea
The U.S. Navy and Japan Maritime Self Defense Forces (JMSDF) completed a passing exercise (PASSEX) in the South China Sea on May 18, the Navy said Friday. A PASSEX includes […]
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International
Australian Government Releases $970 Million Naval Shipbuilding Plan
The Australian Prime Minister Malcolm Turnbull released Australia’s first Naval Shipbuilding Plan last Tuesday, outlining the country’s largest shipbuilding and sustainment program with $970 million of investments. The funds are set […]
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Navy/USMC
Northrop Grumman Wins $304 Million Contract Modification For Three MQ-4C Tritons
The U.S. Navy awarded Northrop Grumman [NOC] a $304 million modification on Tuesday to a previously awarded fixed-price-incentive contract to procure three low-rate initial production (LRIP) Lot 2 MQ-4C Triton […]
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Army
Budget Permitting, Marine Corps Could Double Its JLTV Buy
The Marine Corps has plans to buy almost double the number of Joint Light Tactical Vehicles it initially projected to replace a portion of its Humvee fleet. While its program of […]
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Budget
Zukunft Wants Icebreaker In Coast Guard Budget, But Carter Warns Of Squeeze
Coast Guard Commandant Adm. Paul Zukunft on Thursday said he would prefer that the construction spending for the planned new heavy polar icebreaker be accounted for in his service’s budget […]