Aerospace Group:

Business/Financial

AIAA Seeks Changes In Military Technology Export Rules (ITAR)

DDN

Monday, May 12th, 2008

SHARE:

The American Institute of Aeronautics and Astronautics (AIAA) today alleged that U.S. rules restricting exports of American military technology are harming the U.S. aerospace industrial base, especially in satellite component sales. Further, the AIAA said the industry is facing a crisis, as it must replace an aging workforce of experienced, highly trained employees with security clearances who now are approaching retirement age, even as many young people aren't pursuing degrees in science, technology, math and engineering (STEM). (Please see Space…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

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 […]