Aerospace Group:

Pentagon Looks To Spend $268 Billion On New Aircraft Over Next Decade

DDN

Wednesday, February 3rd, 2010

SHARE:

By Marina Malenic Seeking a 3 percent average annual real growth rate in its funding for high-end aircraft between FY 2011-2020, the Defense Department is planning to spend $268 billion on new fighter, surveillance, tanker and other fixed-wing aircraft, according to documents obtained by Defense Daily. Along with the president's proposed Fiscal Year 2011 budget, the Pentagon yesterday submitted to Congress its long-term plan for procurement of fixed-wing aircraft. "Annual procurement levels will grow steadily through the mid-teens, fueled in…

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 […]