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Business/Financial

No More EADS As Airbus Group Brand Launches

By Cal Biesecker

Thursday, January 2nd, 2014

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Airbus Group CEO Tom Enders. Photo: Airbus Group

The former European Aeronautic Defence & Space Co., on Wednesday began operating under its new brand, Airbus Group, capitalizing on a name that is well known worldwide for competing with Boeing [BA] in the commercial market for passenger and cargo aircraft. Airbus Group features three operating divisions, Airbus, which is focused on commercial aircraft activities, Airbus Defence and Space, which incorporates the defense and space activities of the former business units Cassidian, Astrium and Airbus Military, and Airbus Helicopters, which…

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]

Congress

HASC’s FY ‘27 NDAA Adds More Black Hawks, Chinooks For Army, No Plus-Up For Apaches

The House Armed Services Committee’s (HASC) draft of the next defense policy bill supports hundreds of millions dollars for the Army to buy additional Black Hawk and Chinook helicopters in […]

Congress

HASC’s $1.15 Trillion FY ‘27 Draft NDAA Doesn’t Shift Items Over From Reconciliation Request

The House Armed Services Committee (HASC) on Tuesday unveiled its $1.15 trillion draft of the next defense policy bill, aligning with the White House’s requested discretionary topline while not including […]

Budget

DoD’s Equity Stake In L3Harris Rocket Motor Business Comes At Expense Of Other Suppliers, HASC Warns

A draft defense bill released by the House Armed Services Committee (HASC) on Tuesday says the committee is “concerned” with the Defense Department’s $1 billion equity investment this year in […]