Aerospace Group:

COVID-19

Navy Review Continues But COVID-19 Delays May Offset Savings

Wednesday, April 1st, 2020

SHARE:

Navy Review Continues But COVID-19 Delays May Offset Savings

The upper bow unit superlift is lowered into the dry dock on July 10 and placed on the future aircraft carrier John F. Kennedy (CVN-79) in 2019. (Photo: Ashley Cowan/HII)

The Navy’s top acquisition official told reporters on Wednesday the new Stem-to-Stern review (S2S) continues but its initial savings may be needed just to make up for expected delays this year due to the COVID-19 pandemic. “We haven’t slowed down, at least in our efforts, on the Stem-to-Stern initiative and identifying where we may have opportunities,” Assistant Secretary of the Navy for Research, Development and Acquisition James Geurts told reporters during a phone roundtable April 1. “We’re continuing to press…

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 […]