Category Archives: Budget Industry

Panel: Southeast Asia Growing Increasingly Wary of Chinese Investment Strategy

Panel: Southeast Asia Growing Increasingly Wary of Chinese Investment Strategy

Prime Minister of India Narendra Modi and President of the People’s Republic of China Xi Jinping before the beginning of the BRICS Leaders’ meeting in 2017. Kremlin Photo

Nations stretching from India into Southeast Asia see China’s investments and loan practices as a direct threat to their sovereignty as much as Beijing’s military, the editor of a new work on Indo-Pacific security balance said last week. Read More

Next Presidential Helicopter Passes First Test Landing at White House

Next Presidential Helicopter Passes First Test Landing at White House

A Sikorsky VH-92A lands at the White House during a test on September 22, 2018. The VH-92A will become the new presidential transport helicopter, replacing an aging fleet of VH-3D and VH-60N helicopters. Naval Air Systems Command photo.

The next Presidential helicopter, the VH-92A built by Sikorsky, successfully landed at the White House during its first test run September, Naval Air Systems Command told USNI News this week. Read More

GAO: Navy Lost 1,891 Days of Attack Sub Operations Waiting for Repairs; Spent $1.5 Billion Supporting Idle Crews

GAO: Navy Lost 1,891 Days of Attack Sub Operations Waiting for Repairs; Spent $1.5 Billion Supporting Idle Crews

Los Angeles-class attack submarine USS Helena (SSN-725) arrives at Norfolk Naval Shipyard for a high-priority docking continuous maintenance availability on Aug. 20, 2015. US Navy Photo

Delays in maintenance have resulted in at least 1,891 lost operational days for the U.S. attack submarine fleet and cost the Navy about $1.5 billion to support boats that can’t go to sea, according to a Monday report from the Government Accountability Office. Read More