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Budget

Lockheed Martin, BAE Systems Bidding For Australian Pilot Training Program

Monday, October 7th, 2013

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Prime contractors Lockheed Martin [LMT] and BAE Systems are forming their own teams to compete for the Australian Defense Forces’ new pilot training program, formally known as the AIR 5428 pilot training system program. Lockheed Martin said last week in a statement it will form a consortium known as Team 21with Pilatus Aircraft, supported by Asia Pacific and Middle Eastern integrated aviation solutions provider Hawker Pacific. Team 21 is currently in its seventh year of a 20-year performance-based contract to…

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 […]