Aerospace Group:

Business/Financial

In Light of Reports, VH-71 Increment I Nearing Completion, Official Says

DDN

Friday, February 27th, 2009

SHARE:

By Geoff Fein With attention focused on the future of Lockheed Martin's [LMT] presidential helicopter effort, amid rising costs and a Nunn-McCurdy review, the company is nearing completion of the first nine helicopters (Increment I), five of which will be eventually delivered to the White House. This week, President Obama brought renewed focus on the troubled program when he questioned the need for a new helicopter, adding it is an example of a procurement process "gone amok." And Wednesday, Rep.…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

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 […]