Aerospace Group:

Business/Financial

Lynn: Pentagon Hasn’t Agreed To F/A-18 Multi-Year Buy

DDN

Tuesday, March 2nd, 2010

SHARE:

By Emelie Rutherford The Pentagon "continues to explore" entering into a multi-year contract with Boeing [BA] for F/A-18 fighter jets, but was not able to make a decision by yesterday's congressional deadline, according to the deputy defense secretary Navy Secretary Ray Mabus indicated last week to the House Armed Services Committee (HASC) that his service may be poised to enter into a multi-year F/A-18 procurement deal. He said the Navy was "working hard" to meet a deadline of yesterday, spelled…

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]