Congress
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Air ForceSASC Denies F-35 Fund Shift For Overruns
The Senate Armed Services Committee (SASC) has stymied the Pentagon’s attempt to shift around funds to cover cost overruns with nascent F-35 Joint Strike Fighters built by Lockheed Martin [LMT]. […]
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CongressSASC Leaders United Against More DoD Cuts
Senate Armed Services Committee (SASC) leaders joined with their House counterparts last Friday in rejecting any further cuts to the Pentagon’s long-term discretionary budget by a deficit-reducing panel. SASC Chairman […]
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Air ForceDoD Brass Scrutinizing F-35
Pentagon leaders made clear yesterday the F-35 Joint Strike Fighter is under continued scrutiny, expressing doubt about buying all three aircraft variants as well as attempts to revive the jet’s […]
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CongressHouse Homeland Security Committee Approves DHS Authorization Bill
The House Homeland Security Committee yesterday approved by a vote of 19-14 its authorization bill (H.R. 3116) for the Department of Homeland Security (DHS) that now must be approved by […]
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CongressPanels To Super Committee: No More DoD Cuts
Heads of the House and Senate armed services committees are following through with pledges to recommend a deficit-cutting panel not impose additional cuts on the Pentagon’s discretionary budget. House Armed […]
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CongressFormer Panel Leaders Recommend More DoD Acquisition Changes
Retired lawmakers called on a House panel yesterday to be diligent in reforming the way the Pentagon buys weapons in order to field capabilities quicker. Three former armed services committee […]
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CongressDefense Panels Resisting More DoD Cuts
Congressional panels overseeing the Pentagon are rebuking additional defense budget cuts in recommendations due tomorrow to the “super committee” charged with finding $1.5 trillion in federal savings. Senate Armed Services […]
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Business/FinancialCyber-security Legislation Imminent
Cyber-security legislation addressing some of the recommendations House Republicans unveiled last week will emerge in the coming days, a senior lawmaker said. Rep. Mac Thornberry (R-Texas) argued yesterday Congress should […]
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CongressPanetta To Hill: Don’t Resist ‘Targeted’ Cuts
The defense secretary called yesterday for lawmakers to let go of pet military projects as the Pentagon plans a strategy for slashing $450 billion in spending that emphasizes modernization and […]
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CongressHouse Homeland Security Committee Set To Markup DHS Authorization Bill
House Homeland Security Committee Chairman Peter King (R-N.Y.) last Thursday introduced an authorizing bill for the Department of Homeland Security (DHS) that his committee will begin marking up Wednesday, Oct. […]