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Air Force

SASC Denies F-35 Fund Shift For Overruns

Julie Samuel

Tuesday, October 18th, 2011

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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]. SASC Ranking Member John McCain (R-Ariz.) last July lambasted the Pentagon’s proposal to reprogram $264 million within its coffers to pay added costs for an initial batch of more than two dozen F-35s, which were pegged to cost more than $771 million above projections. That money-shifting request, according to recently released…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]