Navy/USMC
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Navy/USMCNavy Renews Case To Retire Cruisers
Despite recent opposition in Congress, the Navy is making a second push for the early decommissioning of seven Ticonderoga-class (CG-47) cruisers, saying Friday that the declining fiscal environment makes doing […]
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Air ForceFokker Aerostructures Contracts For F-35 Work With Lockheed Martin, Northrop Grumman
Netherlands-based Fokker Aerostructures has signed two contracts for F-35 work with Lockheed Martin [LMT] and Northrop Grumman [NOC], collectively valued at approximately $78 million. The two contracts are for the […]
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CongressNavy Eyeing Expanded JHSV Role
A new Navy panel is studying whether the military should use the Joint High Speed Vessel (JHSV) for more than transporting troops in theater. Chief of Naval Operations Adm. Jonathan […]
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Air ForceF-35 Program Goes After Affordability, Officials Tell Senators
Driving down production costs and attacking long-term lifecycle costs are a top priority for the F-35 Joint Strike Fighter, service and program office officials yesterday told members of the Senate […]
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Business/FinancialKaman Corp. Receives Super Seasprite Helicopter Order From New Zealand MoD
Kaman Corp. [KAMN] said the New Zealand Cabinet authorized the Ministry of Defence (MoD) to enter into an approximately $120 million contract for the purchase 10 SH-2G(I) Super Seasprite aircraft, […]
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Navy/USMCIsrael Set To Receive V-22s Under Mideast Arms Package
Israel is poised to become the first foreign buyer of the V-22 Osprey tilt-rotor aircraft under a broader Middle East arms package announced by the Pentagon. The $10 billion-dollar deal, […]
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Air ForceServices’ Budgets Squeezed By Oil Spikes
Military leaders said yesterday their budgets are being squeezed by the volatility of fossil-fuel prices. Senate Armed Services Readiness and Management Support subcommittee Chairwoman Jeanne Shaheen (D-N.H.) noted to the […]
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Navy/USMCSequestration Leaving Fewer F/A-18s For Marine Corps Training, General Says
Sequestration will slow the ability of the Marine Corps to put its legacy F/A-18 fighter jets through depot and maintenance, a dilemma that would leave fewer aircraft available for training […]
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Air ForcePanel Chair Concerned About F-35, GCV, Navy Drones
The head of a House panel said he has concerns about the Pentagon’s proposed changes to a new Army vehicle effort and plans for buying Navy drones, and also is […]
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Navy/USMCCNO Uncertain How Ship Industry Will Be Maintained Under Sequestration
The Chief of Naval Operations Adm. Jonathan Greenert said Tuesday that one of his greatest concerns is how the shipbuilding industrial base will survive in the years ahead if the […]