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.

Continue reading