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Air Force

Pentagon Near Deals For Next Batches Of F-35 Aircraft, Engines

Pat Host

Thursday, February 11th, 2016

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Pentagon Near Deals For Next Batches Of F-35 Aircraft, Engines

Maintenance staff inspect one of the 10 Luke AFB F-35s sent to Nellis AFB for a training deployment, April 15, 2015. Photo: U.S. Air Force.

The Pentagon is finalizing a contract for its next batch of F-35 aircraft that could be worth nearly $15 billion.F-35 Program Executive Officer (PEO) Air Force Lt. Gen. Christopher Bogdan told reporters Wednesday the Defense Department was finishing up negotiations with F-35 aircraft prime contractor Lockheed Martin [LMT] on low-rate initial production (LRIP) 9 and LRIP 10 and that it should feature a lot-to-lot unit price reduction in the range of 3 to 4 percent per aircraft. Pentagon spokesman Joe…

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 […]