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Business/Financial

Alphabet Exec Tapped to Lead Pentagon’s New Defense Innovation Advisory Board

Valerie Insinna

Wednesday, March 2nd, 2016

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Alphabet Exec Tapped to Lead Pentagon’s New Defense Innovation Advisory Board

SAN FRANCISCO—The Pentagon has enlisted the help of Eric Schmidt, the executive chairman of Google parent company Alphabet [GOOG], to lead a new Defense Innovation Advisory Board that will be charged with quickly figuring out innovative and agile ways to address problems through new technologies and management processes, the department announced Wednesday.Defense Secretary Ashton Carter and Schmidt have not yet laid out an agenda, but the board could offer the department advice on topics such as rapid prototyping, iterative product…

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 […]