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GD To Expand Business Jet Services With $2.3 Billion Acquisition

By Calvin Biesecker General Dynamics [GD] yesterday said that it has agreed to acquired Switzerland-based Jet Aviation, in a $2.3 billion cash deal that significantly boosts its capabilities as a business jet services provider and gives it a global presence in this market. In addition, the proposed deal is aimed at giving customers one-stop shopping for all varieties of business jet aircraft, GD said. The company said that in addition to expanding its Aerospace portfolio, the deal adds a premiere…

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Congress Updates

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]


Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]


Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]


Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]