NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

U.S. Air Force mulls future of aging radar planes

Published 2015-11-24, 04:40 p/m
© Reuters.  U.S. Air Force mulls future of aging radar planes
BA
-
NOC
-
LMT
-
BBDb
-

By Andrea Shalal
WASHINGTON, Nov 24 (Reuters) - The U.S. Air Force urgently
needs to replace its aging fleet of ground surveillance and
battle management planes, its top acquisition chief said on
Tuesday, while acknowledging tight budgets and competing
priorities have clouded the program's future.
William LaPlante, assistant secretary of the Air Force for
acquisition, said the current 18 E-8 Joint Surveillance Target
Attack Radar System aircraft, or JSTARS, were doing "incredible"
work in military operations, but nearly half the planes were out
for maintenance at any given time.
"The situation is urgent," LaPlante, who retires at the end
of this week, told reporters. "They're going to fall out of the
sky in 2017."
LaPlante said a final decision on whether to proceed with a
competition for new aircraft would come when the fiscal 2017
budget was released early next year.
Northrop Grumman Corp (N:NOC) NOC.N , which builds the existing
aircraft, has won one of three small contracts for early
development work on a replacement, teaming up with General
Dynamics Corp's GD.N Gulfstream. The others were awarded to
Lockheed Martin Corp (N:LMT) LMT.N , teamed with Canada's Bombardier
BBDb.TO and Boeing (N:BA) Co BA.N , which is offering a modified
737-700 commercial airliner.
The companies had expected the Pentagon to authorize
additional funds for system and platform demonstrations in
September, but that decision was postponed while officials
debated the future of the program.
LaPlante said the Air Force still viewed the planes as a
priority and had finalized its requirements for the replacement
aircraft. But he said other Defense Department factions wanted
to use the funds for additional Northrop unmanned Global Hawk
aircraft or other intelligence gathering equipment. Some also
questioned how the planes would function in a more complex and
sophisticated war environment.
LaPlante acknowledged that the Pentagon faced a "huge hole"
in building a fiscal 2017 budget and funding all the competing
priorities.
He said a two-year congressional budget agreement had made
the planning process easier this year, and he expected hard
decisions about programs like JSTARS by the end of December.
"It's a collective decision that ultimately goes to the
secretary of defense," he said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.