April 25, 2024

Biden Wants to Scale Back F-35 Orders

F-35 on the International Stage

The Biden administration wants to scale back on Lockheed Martin F-35s. DoD’s order for F-35 fighter jets will drop to below 70, down from an expected 83 – an estimated $1.6 billion drop in spending on jets.

Analysis: Spending on UAS to Surge

UAS

Unmanned aerial systems will continue to be one of the most dynamic growth sectors of the world aerospace industry. Recent analysis estimates military UAS research spending is expected to be $71.8 billion over the next decade.

Carriers, Contractors & Civilians on Report’s Hit List

Despite a successful landing exercise aboard the Ford aircraft , a recent study of the DoD budget versus expanding global threats suggests the production be halted. Other suggestions include a 5 percent cut in the civilian workforce and 8,000 contractors.