Aerospace Group:

Army

GD Receives $2.7 Billion For Stryker Support Work

By Matthew Beinart

Friday, March 1st, 2019

SHARE:

GD Receives $2.7 Billion For Stryker Support Work

Army Stryker Vehicle Photo: U.S. Army

The Army has awarded General Dynamics [GD] Land System two contracts totaling $2.7 billion for Stryker support work, including retrofitting vehicles and providing logistics services, the Pentagon said Thursday. Both deals are five-year contracts worth $1.35 billion, with the first covering damage repair and refurbishment services and the second for performance-based logistics. GD, which builds the Stryker fighting vehicles, was the only company to submit a bid for the work. The estimated completion date for each deal is February 2024.…

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]