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Air Force

Rolls-Royce, Lockheed Martin Reach Potential Billion Dollar Deal For C-130J Propulsion

Pat Host

Wednesday, February 12th, 2014

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Rolls-Royce, Lockheed Martin Reach Potential Billion Dollar Deal For C-130J Propulsion

Rolls-Royce has reached a long-term agreement with Lockheed Martin [LMT] worth up to $1 billion to deliver approximately 600 engines for future C-130J aircraft, according to a Rolls-Royce statement. The agreement secures the Rolls-Royce AE 2100 as the engine of choice for all variants of the C-130J through 2025. The engine agreement will service United States and international contract requirements between 2014 and 2018. The AE 2100 powers all C-130Js while Rolls-Royce T56 engines propel the legacy C-130 fleet. The…

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 […]