The initial contract covers development and delivery of four Combat Rescue Helicopters based on the company's workhorse UH-60 Black Hawk, and caps nearly 15 years of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk rescue helicopters.
The contract covers development and delivery of four new Combat Rescue Helicopters and caps over a decade of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk helicopters.
McCain, a key member of the Senate Armed Services Committee, said he had long been troubled by the Pentagon's payment of 85- percent or higher award fees to Lockheed on the F-35 program despite cost increases and schedule delays, adding the background to those decisions was "disturbing.
WASHINGTON, May 7- Sikorsky Aircraft, a unit of United Technologies Corp, won an initial $1.24 billion contract to develop and build six new U.S. presidential helicopters, the first step toward a fleet of 21 new aircraft by 2023, the Pentagon announced on Wednesday.
WASHINGTON, March 6- The U.S. Navy plans to add 22 Boeing electronic attack jets to a list of "unfunded" priorities requested by Congress, but the document must still be vetted by senior Pentagon officials, who have underscored their commitment to Lockheed Martin Corp's next-generation F-35 fighter jet, sources familiar with the matter told Reuters.
Robert Gates, who served both George W. Bush and Barack Obama, delivers an icy assessment of his most recent boss and his foreign policy. The FT reports.
WASHINGTON, Oct 11- Republican Mitt Romney would accelerate spending on new U.S. Navy warships, cut the Pentagon's civilian workforce and speed up development of new weapons systems if he wins the 2012 presidential election, two advisers said on Thursday.
For four years, a doctor commuted between his clinics in Texas in a $5 million turboprop with jazzy metallic stripes and ruby stones embedded on the drink cabinet inside. The plane featured exotic wood veneers and polished chrome, and his daughter’s initials were in the tail number. The New York Times reports.
President Barack Obama will set the course for drawing down the U.S. war in Afghanistan on Wednesday, when he is expected to announce plans to bring roughly 10,000 American troops home in less than a year.