:

Navy Awards F-35 And P-8A Contracts

Friday, May 25th, 2018

SHARE:

The Navy awarded two contracts for Navy aircraft worth hundreds of millions of dollars each on Thursday for the F-35 and P-8A aircraft.The Naval Air Systems Command (NAVAIR) awarded Lockheed Martin [LMT] a $558 million contract for the sustainment support, including equipment, training devices, training facilities, non-aircraft spares, various hardware and software, and facilities support for low-rate initial production (LRIP) Lot 11 F-35 aircraft.The work covers F-35s bound for the Navy, Marine Corps, Air Force, non-Defense Department participants, and foreign military…

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

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 […]