With the price of oil inching above $110 per barrel last week, Boeing [BA] updated the findings of a study on the fuel efficiency of aerial refueling tankers yesterday. Now, the company says the Boeing 767 tanker would cost $30 billion less over 40 years than a fleet of 179 tankers made by the team of Northrop Grumman [NOC] and the European Aeronautic Defense and Space Co. That calculation pegs the cost of oil at $100 a barrel and $125…
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Congress Updates
Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement
A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]
CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones
U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]
Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement
Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]
Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage
The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]
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