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Budget

Acquisition Report Finds Defense Contracting Growth Rebounding After Sequestration

Monday, April 15th, 2019

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Acquisition Report Finds Defense Contracting Growth Rebounding After Sequestration

A new report from the Center for Strategic and International Studies (CSIS) found an increase in defense contracting following years of a defense drawdown and sequestration limitations. The report, “Defense Acquisition Trends, 2018: Defense Contract Spending Bounces Back,” said the growth in defense contract obligations outpaced growth in Defense Department Total Obligation Authority (TOA) over the past two years. The report said TOA increased from $582.9 billion to $609.3 billion between FY 2015 and 2017, a 5 percent increase. Meanwhile,…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]