:

BAE Gains $3.8 Billion MoD Munitions Contract; May Grow To $5.6 Billion

DDN

Friday, August 29th, 2008

SHARE:

The United Kingdom awarded BAE Systems a munitions contract initially worth about US$3.76 billion, the company announced. Over the next 15 years, the contract may grow to be worth approximately $5.63 billion. That pact will guarantee secure supplies of ammunition to U.K. troops while providing value for money for the taxpayer. The arrangement, known as Munitions Acquisition-the Supply Solution (MASS), is initially for a 15-year period and will supply approximately 80 per cent of the "general munitions" consumed by U.K.…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]