Headquartered at the Piedmont Triad International Airport in Greensboro, North Carolina, the Honda Aircraft Company is a wholly owned subsidiary of automotive giant Honda Motor Company. Founded in August 2006, the Honda Aircraft Company is entirely dedicated to the manufacturing and marketing of the long-awaited HondaJet, the company’s inaugural aircraft. Parent company Honda generates roughly $117 billion in sales from its famed portfolio of cars, motorcycles, and power systems. Starting in the early 1980s when Honda began researching the idea of producing a small size business jet, the HondaJet HA-420 program is three decades in the making at a cost of $1.5 - $2 billion.


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Head of the House Armed Services Committee Mac Thornberry emphasized in a statement at the Center for Strategic and International Studies the need for American forces to update the military’s procurement process and technological posture. In line with longstanding criticism of the slow-paced and bureaucratic nature of weapons procurement, Thornberry argued for the launch of a reform program that will continue workforce acquisition training, reduce the number of unnecessary reports, integrate commercial practices into governmental procurement, and rethink contracts. Thornberry introduced a bill entitled the “Agile Acquisition to Retain Technological Edge Act” into Congress as the first in a six-year effort for reform.


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