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Air Force

More Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says

Frank Wolfe

Tuesday, March 31st, 2026

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More Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says

Pictured is a Royal Netherlands Air and Space Force photo of a Dutch F-35A taxiing near the aircraft traffic control tower at Hill AFB, Utah during an exercise on March 3.

RTX's [RTX] Pratt & Whitney said that it has spent more than $1 billion in the last five years to boost engine production--an investment that may come in handy, as the Pentagon on Monday said that it had awarded the jet engine maker a more than $3.8 billion contract for the F135 engine for Lots 18 and 19 of the Lockheed Martin [LMT] F-35 fighter. The total amount for the F135s in Lot 18 and 19 is now more than…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]