What Happened
Price Ceiling Increased Amid Industry Concerns Over Original Funding
The Navy has increased the budget for its new trainer jet program by roughly $900 million, raising the price ceiling from $1.8 billion to $2.7 billion. The move comes after industry pushback over the original funding, with several defense firms competing for the contract, including Textron Aviation Defense and SNC. The program aims to order up to 216 aircraft, with the Navy seeking a capable training solution. The development was first reported by Breaking Defense.