:

Business/Financial

Trump Administration Proposing $1.3 Million In Arms Sales To Taiwan

By Cal Biesecker

Thursday, June 29th, 2017

SHARE:

Trump Administration Proposing $1.3 Million In Arms Sales To Taiwan

The State Department on Thursday said it has approved and notified Congress of a potential $1.3 billion arms sale to Taiwan that includes support and upgrades for a Lockheed Martin [LMT] surveillance radar program and Raytheon [RTN] air-to-surface weapons, torpedoes, and other systems.The proposed foreign military sales include $400 million related to technical support for early warning radar surveillance and $80 million for upgrade of the Raytheon AN/SLQ-32A electronic warfare shipboard suite.The potential deal also includes a $250 million sale…

Senators Push Navy Against Single Destroyer Request In FY ’27

The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]