Young says $800 million needed for new-build CH-53X helicopter

Article Abstract:

John Young, assistant secretary of the Navy handling procurement issues, has told the Senate Armed Services Committee (SASC) that the Navy requires $800 million more over the next five years if it has to procure a new-build CH-53X helicopter. He has stated that he won't be signing the contract for the program unless he gets a proper commitment for funding the new-build program fully.

Financial management, Facilities & equipment, Defense Procurement, Finance, Equipment and supplies, Beliefs, opinions and attitudes, Helicopters, Military procurement, Company financing, Defence buying, Young, John

---

Northrop Grumman gains $558.6 million for CVN 21

Article Abstract:

The Navy gave Northrop Grumman Corp. a $ 558.6-million contract change to continue work on the next-generation CVN 21 aircraft carrier. The CVN 21 carrier would be able to generate more aircraft sorties per day and thus place more steel on targets due to high-speed weapons elevators and pit stop refueling areas on deck.

Product development, Aircraft, Aircraft industry, Northrop Grumman Corp.

---

Similar abstracts:

• Abstracts: Bell-Boeing gains $817 million order for Osprey aircraft material. Bell-Boeing gains $22.2 million for V-22 Osprey program
• Abstracts: Young says Navy to maintain its prowess against major powers. Lockheed Martin ship-based antenna to track missiles
• Abstracts: Lockheed seeks $5 billion Joint Common Missile prize. Lockheed Martin System nails Scud-type target
• Abstracts: Sikorsky touts U.S. content in its marine one helo. LCS contractors face major marketing opportunities abroad
• Abstracts: Vice CNO sees cost curbs on Naval aviation: Two-subs-yearly in 2012. Admirals don't see shortage of Navy ships looming

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.