Aerospace Group:

Pentagon Looks To Spend $268 Billion On New Aircraft Over Next Decade

DDN

Wednesday, February 3rd, 2010

SHARE:

By Marina Malenic Seeking a 3 percent average annual real growth rate in its funding for high-end aircraft between FY 2011-2020, the Defense Department is planning to spend $268 billion on new fighter, surveillance, tanker and other fixed-wing aircraft, according to documents obtained by Defense Daily. Along with the president's proposed Fiscal Year 2011 budget, the Pentagon yesterday submitted to Congress its long-term plan for procurement of fixed-wing aircraft. "Annual procurement levels will grow steadily through the mid-teens, fueled in…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]