FY20 Budget Overview, Part 2: Navy Programs
The Pentagon has laid out a $205.6 billion budget for the Navy in FY20, an increase of around 5.1 percent compared to the FY19 enacted level of $195.6 billion. Mirroring …
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U.S. Navy Awards Advance Procurement Contract for Two E-2Ds
The U.S. Navy has awarded Northrop Grumman a $49.9million advance procurement contract for long-lead parts and support for two Lot 7 E-2D Advanced Hawkeye aircraft. The Navy used FY19 funds for …
Read MoreAircraft Procurement Soars in FY19 Defense Bill
by Shaun McDougall, Military Markets Analyst, Forecast International. Aircraft programs won big in the FY19 defense appropriations bill, which was released by Congress in September. Lawmakers bolstered the major service aircraft accounts …
Read MoreCongress Releases FY19 Defense Policy Bill
by Shaun McDougall, Military Markets Analyst, Forecast International. U.S. House and Senate lawmakers completed the conference markup of the FY19 defense authorization bill on July 23. The defense policy bill adheres to …
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