Aerospace Group:

Navy Seeks Authority For CH-53K Block Buy

Tuesday, April 16th, 2024

SHARE:

Navy Seeks Authority For CH-53K Block Buy

A CH-53K flies an aerial refueling test in September, 2020 from Naval Air Station Patuxent River, MD (Department of the Navy Photo)

The Navy recently sent a request to Congress that it be granted the authority to enter into a block buy contract for 37 more Lockheed Martin [LMT] Sikorsky CH-53K King Stallion helicopters over the next two years. According to a legislative proposal the Defense Department submitted on April 12, the department said this block buy covering FY '25 and '26 would lead to cost savings of 3.75 percent compared to single year pricing. This equates to $135.1 million in then-year…

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 […]