Aircraft Procurement Soars in FY19 Defense Bill

by Shaun McDougall, Military Markets AnalystForecast International.

Three F-35As and an F-35C fly over the Sierra Nevada Mountains. Source: Lockheed Martin

Aircraft programs won big in the FY19 defense appropriations bill, which was released by Congress in September.  Lawmakers bolstered the major service aircraft accounts by a combined $2.5 billion in the bill, which includes an additional $1.2 billion for the Navy, $841.8 million for the Air Force, and $500.6 million for the Army.  Most of the major changes made to the aircraft coffers stemmed from the House Appropriations Committee markup, which originally called for an additional $2.4 billion in aircraft funding.  The Senate markup added $1.7 billion for aircraft, but the Army would have actually lost nearly half a billion dollars under the Senate bill.

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Despite Currency Volatility, U.K. Forges Ahead with Core Capability Acquisitions

by Dan Darling, International Military Markets Analyst, Forecast International.

The AgustaWestland Apache is a licence-built version of the AH-64D Apache Longbow attack helicopter for the British Army's Army Air Corps. Photo: Peter Davies/MOD

The AgustaWestland Apache is a licence-built version of the AH-64D Apache Longbow attack helicopter for the British Army’s Army Air Corps. Photo: Peter Davies/MOD

Despite the turbulence endured by the British currency since the surprise result of last month’s referendum on the United Kingdom’s membership in the European Union, the U.K. Ministry of Defence moved forward on day one of the Farnborough Air Show with announcements of two major purchases. Continue reading