Budget

Congressional appropriators early Thursday morning unveiled their final $824.3 billion fiscal year 2024 defense appropriations bill, which includes a compromise to fund six of the Pentagon’s multi-year munitions requests and […]

In a show of generosity, congressional appropriators on Thursday released a spending bill that would fund the Pentagon’s Defense Innovation Unit (DIU) at nearly $1 billion in fiscal year 2024, […]

The Navy’s fiscal year 2025 30-year shipbuilding plan detailed the service’s plans and reasons for requesting to decommission 19 ships, including 10 ships before the end of their expected service […]

The Navy this week submitted the latest 30-year shipbuilding plan to Congress, offering a primary profile with significant cost and size growth and an alternative profile constrained by lower budget […]

The Defense Department should spend $5 billion annually over a three-year period to buy production-ready systems that almost, but do not quite currently, meet requirements to help innovative technology companies […]

Navy officials recently confirmed the Orca Extra Large Unmanned Undersea Vehicle (XLUUV) program has been “re-phased” and pushed back in the schedule, with the fiscal year (FY) 2025 budget request […]

The chair of the Senate Armed Services Committee said Monday he may be open to boosting the fiscal year 2025 defense topline above the one percent spending cap from last […]

The Pentagon did not include any new requests for multi-year munitions procurements in its fiscal year 2025 budget submission, while the department still awaits confirmation its requests for FY ‘24 […]

The Navy’s fiscal 2025 budget request, seeking only six new ships and reducing planned submarines by one, faced a chilly reception from some congressional leaders this week. The lawmakers opposed […]

The Pentagon plans to spend $1 billion over the next two years on its Replicator initiative to field thousands of attritable autonomous systems by August 2025, a senior official said […]