:

AgustaWestland To Reap $1.2 Billion From U.K. Helicopter Upgrades

Defense Daily Staff

Wednesday, January 29th, 2014

SHARE:

AgustaWestland To Reap $1.2 Billion From U.K. Helicopter Upgrades

U.K. Army Air Coprs Apache Attack Helicopter Photo: U.K. MoD

Finmeccanica’s AgustaWestland on Wednesday received two contracts totaling about $1.2 billion from the U.K. Ministry of Defense to upgrade AH-64 Apache and Merlin helicopters, while supporting the economy. A five-year, $712 million contract will provide maintenance and support for the British Army’s AH-MK1 Apache attack helicopter from April 1 through March 31, 2019. The helicopter is currently used on operations in Afghanistan. “The Apache IOS contract will deliver further efficiencies over the next five years, demonstrating our commitment to service…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]