Aerospace Group:

Air Force

Pentagon Awards $2.2 Billion Contract To Buy 12 CTOL, STOVL JSFs

DDN

Friday, May 23rd, 2008

SHARE:

The Pentagon has authorized the release of $2.2 billion to buy six conventional takeoff and landing (CTOL) F-35A Lightning IIs for the Air Force, with provisional approval to purchase six short takeoff/vertical landing (STOVL) F-35Bs for the Marine Corps following a senior leadership review and the inaugural flight of that variant, according to Lockheed Martin [LMT]. The 12 aircraft will be built in the second phase of F-35 low-rate initial production (LRIP 2), the company said. The $2.2 billion contract…

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 […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]