Over the next decade, the U.S. Army is injecting $8-$10 billion into the vertical lift market via two new Future Vertical Lift programs, but lower-tier suppliers must secure capital funding for tooling to manufacture these new technologies, according to a new report released by the Center for Strategic and International Studies (CSIS).
As the national debt grows to provide relief from the novel coronavirus, the Pentagon will prioritize modernization programs over funding legacy systems if there is a flat budget, Defense Secretary Mark Esper says.
The U.S. Marine Corps has accepted delivery of the first CH-53K King Stallion flight simulator at Marine Corps Air Station New River in North Carolina.