The Turkish Army recently said that it has selected the AgustaWestland T129 helicopter, powered by two Light Helicopter Turbine Engine Company (LHTEC) CTS800-4A engines, as part of the Tactical Reconnaissance and Attack Helicopter (ATAK) Program for the Turkish Land Forces Command. AgustaWestland is a Finmeccanica company. LHTEC, a 50-50 partnership between Honeywell [HON] and Rolls-Royce, forecasts a potential lifetime revenue of more than $1 billion, including aftermarket sales. "The A129 originally was powered by the Rolls-Royce Gem 2 engine, LHTEC…
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Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]