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Navy/USMC

Navy Awards Bechtel $1.5 Billion Worth of Reactor Component Contracts

Monday, December 3rd, 2018

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Navy Awards Bechtel $1.5 Billion Worth of Reactor Component Contracts

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The Navy has awarded Bechtel Plant Machinery $1.5 billion worth of contracts for naval nuclear propulsion components, the Pentagon said Friday.The money is spread across a pair of Naval Sea Systems Command contracts: one worth about $890 million, another valued at roughly $615 million, according to the Department of Defense.“No completion date or additional information is provided on Naval Nuclear Propulsion program contracts,” the agency wrote in its contract award notice. Bechtel will perform the work in Monroeville, Pa., and…

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 […]