By Emelie Rutherford House Financial Services Committee Chairman Barney Frank (D-Mass.) said yesterday he is optimistic a presidential deficit-reduction commission will heed the call of over 50 lawmakers to seek significant weapon-system cuts in the Pentagon budget. Frank spoke to reporters yesterday in advance of the release budget-cutting proposals, due Dec. 1, from President Barack Obama's National Commission on Fiscal Responsibility and Reform. The bipartisan commission is charged in part with making recommendations for balancing the nation's budget, excluding interest…
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Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement
A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]
CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones
U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]
Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement
Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]
Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage
The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]