Search

SASC Lawmakers Call for Explanation, Correction of LRS-B Cost Estimate Discrepancies

SASC Lawmakers Call for Explanation, Correction of LRS-B Cost Estimate Discrepancies
Sen. John McCain (R-Ariz.) Chairman, Senate Armed Services Committee

Senate Armed Services Committee Chairman John McCain (R-Ariz.) and Ranking Member Jack Reed (D-R.I.) last week sent a letter to Secretary of Defense Ashton Carter expressing concern over the Department of Defense’s (DoD) “unacceptable” errors in estimating the 10-year cost of the Air Force’s Long Range Strike Bomber (LRS-B) aircraft.The Air Force in its annual report last year projected the nuclear-capable bomber’s cost for fiscal years 2015 to 2025 at $33.1 billion, then spiked that to $58.4 billion this year…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]


Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]


Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]


Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]