Aerospace Group:

Army

Army Missile, Truck Program Costs Jump $14 Billion While Network Drops $8 Billion

Wednesday, April 4th, 2018

SHARE:

Army Missile, Truck Program Costs Jump $14 Billion While Network Drops $8 Billion

GMLRS Alternative Warhead Firing Photo: Lockheed Martin

Three Army acquisition programs increased more than $1 billion each in 2017 while a canceled program drew attention for a dramatic decrease in program cost because it has been effectively canceled, according to the Selected Acquisition Report for the year.Because of increased purchase quantities, the Guided Multiple Launch Rocket System (GMLRS), Joint Light Tactical Vehicle (JLTV) and Patriot missile programs jumped a total $14 billion while the Warfighter Information Network-Tactical Increment 2 (WIN-T Inc 2) fell nearly $8 billion, according…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

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 […]