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Air Force Still Risks Missing FY ’14 Audit Deadline, Morin Says

The Air Force still risks missing its legally-required Sept. 30, 2014, deadline of having its statement of budgetary resources (SBR) audit-ready, according to the service’s number two civilian. As part of an effort called Financial Improvement and Audit Readiness (FIAR), the FY ’13 National Defense Authorization Act (NDAA) requires the Defense Department’s SBR to be audit-ready by the end of FY ’14. The FY ’10 NDAA also requires DoD’s financial statements to be audit-ready by Sept. 30, 2017. Acting Air…

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Congress Updates

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]


Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]


Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]


Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]