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Air Force

Procurement, Modernization Will Cover Most Of Expected Defense Budget Shortfall In FY2017

Monday, February 1st, 2016

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Procurement, Modernization Will Cover Most Of Expected Defense Budget Shortfall In FY2017

Norway's first F-35A, called AM-1, is in production at the Lockheed Martin Fort Worth, Texas assembly plant. Photo: Lockheed Martin.

The Pentagon after releasing its fiscal year 2017 budget on Feb. 9 will find itself needing to come up with $22 billion to cover the difference between its request and the projection laid out for 2017 in the current fiscal year’s budget.Early estimates put the fiscal 2017 request at around $524 billion, which is almost in line with the Budget Control Act (BCA) funding caps placed on the government by a deal that limited discretionary spending but saved the Defense…

Senators Push Navy Against Single Destroyer Request In FY ’27

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Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

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Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]