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U.K. Signs $2.3 Billion Deal For 50 AH-64E Apaches

Friday, July 15th, 2016

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The United Kingdom on July 11 announced a $2.3 billion deal to buy 50 AH-64E Apache helicopters, according to a Ministry of Defense statement.The Apaches, developed by Boeing [BA], are being procured in a foreign military sale (FMS). The Defense Security Cooperation Agency (DSCA) announced in August 2015 that the State Department approved the potential sale, which also includes 110 General Electric [GE] T-700-GE-701D engines. This will be the first time GE has sold an off-the-shelf military engine to the…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

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Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]