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Budget

DoD Plans to Spend $6.6 Billion on F-35 Continuing Development Through 2024

By Brian Garrett-Glaser

Tuesday, March 19th, 2019

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DoD Plans to Spend $6.6 Billion on F-35 Continuing Development Through 2024

An F-35C firing missiles upside down (Lockheed Martin)

The U.S. Defense Department plans to spend about $6.6 billion on continuous capability development and delivery (C2D2) for the F-35 Joint Strike Fighter from 2019 through 2024, according to its just-released fiscal year 2020 budget proposal. Lockheed Martin's [LMT] F-35 has been in low-rate initial production through its first 12 lots, but the company plans to enter full-rate production this year, jumping to 130 deliveries, up from 91 deliveries in 2018 across all three variants — conventional takeoff F-35A, vertical-takeoff-and-landing F-35B and…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]