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Pentagon Needs Speedier Acquisition to Stay Competitive

Pentagon Needs Speedier Acquisition to Stay Competitive

The Defense Department needs to speed its acquisition processes and allow decisions at a lower level if it wants to stay competitive, the undersecretary of defense for research and engineering said today. “The Chinese love our acquisition system, they are the biggest fans of our acquisition system that there could possibly be; they certainly don’t… Read more »

Source: Defense Aerospace, 12-Mar-18

Lockheed Martin asks DoD for $212M to help with Sikorsky purchase

Lockheed Martin asks DoD for $212M to help with Sikorsky purchase

Lockheed has sent a request to the Pentagon for funding of $212 million that would go towards a $9 billion Sikorsky purchase. Lockheed has said that the purchase will enable taxpayers to save $8 in efficacies per $1 spent. The Department of Defence is currently auditing the request to ensure that the proposed savings do… Read more »

Source: HeliHub.com, 25-Jan-18

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AAR Awarded Navy Contract for Airlift Operations in West Africa

AAR Awarded Navy Contract for Airlift Operations in West Africa

AAR (NYSE: AIR) announces the Department of the Navy, Naval Supply Systems Command (NAVSUP) has awarded a contract to its Airlift division to provide personnel recovery airlift services in West Africa. The total value of the contract is approximately $49 million, inclusive of all option periods. AAR Airlift will provide personnel recovery, casualty evacuation, (CASEVAC)… Read more »

Source: AAR, 29-Sep-14