NEW YORK--Pratt & Whitney [UTX] is facing some challenges with its military-engine business as Pentagon programs including the F-22 fighter jet and C-17 cargo hauler wind down, a top executive said yesterday. David Hess, president of the Connecticut-based company that devotes one-quarter of its work to military engines, touted progress on high-profile programs including the F-35 Joint Strike Fighter at the Jeffries 2011 Global Industrial and Aerospace & Defense Conference. Still, he acknowledged Pratt & Whitney’s military-engine deliveries are “down…
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House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]
Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns
Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]
Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost
Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]
CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million
The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]