Aerospace Group:

Air Force

DoD Awards Boeing $2 Billion C-17 Sustainment PBL Contract

Friday, October 12th, 2012

SHARE:

The Defense Department recently awarded Boeing [BA] a $2 billion follow-on contract for the C-17 Globemaster III Integrated Sustainment Program (GISP), according to a company statement. The GISP is a Performance-Based Logistics (PBL) program, which helps provide lower costs through economies of scale from supporting an entire global fleet. The GISP provides support services, such as forecasting, purchasing and material management for the C-17 cargo aircraft and all C-17-unique support. Boeing develops the C-17. This PBL, which started in 1998…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

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 […]