:

Budget

Lockheed Martin, BAE Systems Bidding For Australian Pilot Training Program

Monday, October 7th, 2013

SHARE:

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…

Budget

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 […]

Congress

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 […]

Congress

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 […]

Congress

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 […]