Aerospace Group:

Army

Defense Department Taps Three Industry Teams For Next Stage of JLTV

DDN

Thursday, October 30th, 2008

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By Ann Roosevelt General Tactical Vehicles (GTV), comprised of General Dynamics [GD] and AM General; a Lockheed Martin [LMT]-BAE Systems team; and a BAE Systems-Navistar International Corp. [NAVZ], will take the next step in the potential $40 billion development of the Army-Marine Corps Joint Light Tactical Vehicle (JLTV). The three teams were chosen of seven competitors that included Northrop Grumman [NOC]-Oshkosh Corp.[OSK] and Plasan; Force Protection [FRPT] and Finmeccanica SpA's DRS Technologies [DRS]; Textron [TXT] teamed with Boeing [BA] and…

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]