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Tag Archives: Future Vertical Lift

McAleese & Associates: Army Seeks $182B in Total Budget for FY 2020

A report by consulting firm McAleese & Associates says the total U.S. Army budget request for fiscal year 2020 is approximately $182B. The service’s proposed FY 2020 budget includes $12.4B in research, development, test and evaluation funds, reflecting the service’s focus on eight Army Future Command’s cross functional teams in charge of …

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Spirit AeroSystems Inks $650M Cash Deal for Asco’s Parent Company

Spirit AeroSystems (NYSE: SPR) has agreed to buy Asco Industries’ Belgium-based parent company, S.R.I.F., for approximately $650 million in cash. Wichita, Kan.-based Spirit said Wednesday it expects to use new debt to fund the transaction that is scheduled to conclude in the second half of 2018, pending regulatory clearances and …

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Boeing-Sikorsky Team to Develop ‘Digital Backbone’ for Army Tech Demo Program; Samir Mehta Comments

Boeing (NYSE: BA) and a subsidiary of United Technologies (NYSE: UTX) have signed a technology investment agreement with the U.S. Army‘s Aviation Applied Technology Directorate to provide support for the Joint Multi-Role Technology Demonstrator program. The Boeing-Sikorsky Aircraft team will help to develop the Joint Common Architecture standard for the Army’s JMR TD program as part of the Future Vertical Lift …

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