Aerospace Group:

Business/Financial

VH-71 Has Critical Nunn-McCurdy Breach, Navy Tells Congress

DDN

Friday, January 30th, 2009

SHARE:

By Geoff Fein As expected, the Navy this week submitted paperwork notifying Congress that the VH-71 presidential helicopter has a Nunn-McCurdy breach. Navy Secretary Donald Winter signed off on the document and sent it to lawmakers on Wednesday, Lt. Clayton Doss, a Navy spokesman, told Defense Daily yesterday. "The VH-71 program office estimates a critical Nunn-McCurdy breach to the Program Acquisition Unit Cost (PAUC) in excess of 50 percent as compared to the original baseline estimate as of February 2006,"…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

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

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]