Aerospace Group:

Business/Financial

U.K. Announces $18 Billion Increase Defense Spending Through 2020

Monday, November 23rd, 2015

SHARE:

U.K. Announces $18 Billion Increase Defense Spending Through 2020

Navy P-8A Poseidon maritime surveillance aircraft. (Photo. U.S. Navy)

The United Kingdom on Monday announced plans to spend nearly $270 billion on military modernization and procurement over the next five years, including expansion of its navy and air force with new ships and aircraft creation of new infantry units and a doubling of investment in its special forces.Within the 98-page National Security Strategy and Strategic Security Review (SDSR) released Monday is the purchase of new maritime surveillance aircraft, speeding up participation in the F-35 Joint Strike Fighter program and…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]