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US debt ceiling deal strands $16 billion of defense side-projects
A $16 billion list of lower-priority defense items like tanks, helicopter upgrades and a ship, that would normally be paid for as part of the defense budget, could go unfunded after the U.S. passed a landmark bill that lifts the debt ceiling but curbs federal spending.
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Why There Will Be A Microburst Of Space Mergers And Acquisitions
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August 6, 2018 | International, Aerospace
Latvia cleared to buy Black Hawks
By: Aaron Mehta A Louisiana National Guard UH-60 Black Hawk is used to assess flooding on June 5, 2015. Latvia wants to purchase four of the Sikorsky-made helicopters. (1st Lt. Rebekah Malone/Army National Guard) WASHINGTON — Latvia has been cleared by the U.S. State Department to buy four UH-60M Black Hawk helicopters, in a move to bolster the NATO nation's ability to move forces around the alliance's eastern flank. The sale has an estimated price tag of $200 million, which covers the four rotorcraft, 10 engines and associated equipment. As with all announcements by the Defense Security Cooperation Agency, the sale must pass through the Senate, at which point negotiations can begin; total quantities and dollar totals often change from the original DSCA announcement and final sale. “This proposed sale will support the foreign policy and national security of the United States by helping to improve the security of a NATO ally,” according to a DSCA statement. “These UH-60 helicopters will allow for interoperability with U.S. and NATO forces in rapid response to a variety of missions, and quick positioning of troops with minimal helicopter assets.” Full Article: https://www.defensenews.com/global/europe/2018/08/03/latvia-cleared-to-buy-black-hawks