:

Air Force

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

Monday, February 1st, 2016

SHARE:

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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]