Home

McCain unveils new plan for additional $430B in defense spending over five years

Tony Bertuca | Jan. 16, 2017
A new budget blueprint drawn up by Senate Armed Services Committee Chairman John McCain (R-AZ) would fund a massive military buildup by seeking an additional $430 billion in defense spending above what the Obama administration had planned for the next five years, Inside Defense has learned.

Lockheed Martin won't confirm whether F-35 'deal' is new

Courtney Albon | Jan. 13, 2017
Lockheed Martin CEO Marillyn Hewson said Friday the company is “close to a deal” on the F-35 Joint Strike Fighter program that would lower costs and create new jobs, but a company spokeswoman would not confirm whether the deal is any different from current plans to drive the A-model's cost down by $1.7 million per jet in the next low-rate initial production lot.

Stackley: Navy plans to accept CVN-78 delivery in April

Lee Hudson | Jan. 13, 2017
The Navy plans to accept delivery of the next-generation aircraft carrier Gerald R. Ford (CVN-78) in April, 13 months behind schedule, because of problems related to power distribution, according to the service's acquisition executive.

Defense Business Alert

Boeing: Air Force showing greater interest in B-52 re-engining effort

The Air Force's interest in a potential re-engining of the B-52 bomber "has never been more serious" than it is now, Boeing officials told Inside the Air Force this week -- noting that the company expects the service will make a decision on whether to pursue the effort by this spring or summer.

Defense Budget Alert

McCain unveils new plan for additional $430B in defense spending over five years

A new budget blueprint drawn up by Senate Armed Services Committee Chairman John McCain (R-AZ) would fund a massive military buildup by seeking an additional $430 billion in defense spending above what the Obama administration had planned for the next five years, Inside Defense has learned.