Aerospace Group:

Air Force

House Appropriators Propose Funding Reinstatement of $150 Million for AETP

Frank Wolfe

Thursday, June 22nd, 2023

SHARE:

House Appropriators Propose Funding Reinstatement of $150 Million for AETP

A Royal Netherlands Air Force F-35A Lighting II takes off to participate in Arctic Challenge Exercise 2023 at Ørland Air Base, Norway on June 5th (U.S. Air Force Photo)

The House Appropriations Committee's version of the fiscal 2024 defense funding bill turns back the U.S. Air Force's proposal to cancel the Advanced Engine Transition Program (AETP) and provides $150 million for AETP, while also funding the Raytheon Technologies' [RTX] Pratt & Whitney F135 Engine Core Upgrade (ECU) for the Lockheed Martin [LMT] F-35 fighter at nearly $255 million. The committee recommends moving forward on F135 ECU to accommodate the Block 4 weapons and sensor upgrades for the F-35 while…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]