Aerospace Group:

Navy/USMC

Navy Orders Four More Ospreys In $482 Million Mod

Monday, May 8th, 2023

SHARE:

Navy Orders Four More Ospreys In $482 Million Mod

The first flight of the first Navy CMV-22B Osprey in Amarillo, Texas, verifying product requirements and airworthiness for the U.S. Navy in 2020. (Photo: Bell Textron)

Naval Air Systems Command last Friday said it awarded the Bell [TXT]-Boeing [BA] Joint Program Office a $482 million contract modification to procure another four CMV-22B Osprey Lot 27 aircraft. This modification of a contract originally awarded in 2016 is a fixed-price incentive undefinitized modification that “adds scope” for the production and delivery of the four Ospreys. This work is expected to be finished by June 2026. The Navy said $214 million of the funds from the fiscal year 2023…

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 […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]