Aerospace Group:

CMC Investing $149 Million in Avionics R&D

DDN

Friday, January 23rd, 2009

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Esterline CMC Electronics (CMC) recently said it would invest $149.4 million in research and development over the next five years following the Canadian government decision to support an initiative to develop an industry-leading commercial avionics and communications platform through a repayable investment for R&D. "By undertaking the FronTier R&D initiative, CMC will continue its focus on innovation, knowledge and know-how and develop products and systems which will meet and exceed aircraft operators' requirements," Jean-Pierre Mortreux, president and CEO of CMC…

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 […]