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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…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]