Budget

President-elect Joe Biden’s transition team has spoken with Chief of Space Operations Gen. John “Jay” Raymond, as the incoming Biden administration faces important questions about a future path for military […]

The Trump administration released a fiscal year (FY) 2022 Fiscal Planning Framework (FPF) along with the long-delayed 30-year shipbuilding plan outlining cuts to other Defense Department programs to pay for […]

Defense budgets and sales next year will remain “relatively” stable and defense spending worldwide will increase in the low single digits—surpassing $2 trillion—amid rising geopolitical tensions, the auditing and consulting […]

The Pentagon could look to adjustments to overseas basing and exercise decisions to save funds in the face of likely flat or declining budgets in the coming years, the chairman […]

The Trump administration last week asked Congress to fund a second Virginia-class attack submarine in fiscal year 2021, reversing its position in the original budget request. Office of Management and […]

The Army’s fiscal year 2022 budget request will include another round of cuts and reductions to “dozens of more programs” to continue fully funding modernization efforts, a top service official […]

The Senate fiscal year 2021 defense spending bill looks to fence off spending on a second Constellation-class (FFG-61) frigate until after Congress gets an updated cost assessment. The bill provides […]

The Senate Appropriations Committee on Tuesday released its $696 billion fiscal year 2021 defense spending bill, setting up a series of debates with the House during a lame-duck session over […]

A senate panel has agreed to fully fund the Coast Guard’s request for production funding of a second new heavy icebreaker and the third and fourth medium-endurance cutters in fiscal […]

Secretary of the Navy Kenneth Braithwaite recently said the service was able to find $46 billion in savings to shift to shipbuilding for a larger future fleet that will be […]