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Business/Financial

Analyst: Obama Would Be A Nightmare For Defense Programs, Firms; McCain Might Be Better, But He Might Continue Hitting Contractors; Clinton Might Not Be Bad

DDN

Monday, March 31st, 2008

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If Sen. Barak Obama of Illinois wins the Democratic presidential nomination and then goes on to be elected to the White House, the defense industry better brace for tough times, according to Heidi Wood, Morgan Stanley defense analyst. While Sen. John McCain of Arizona, the presumptive Republican presidential nominee, might be better, with his military and prisoner-of-war background, his past crusades against contractors also could mean a McCain presidency might be bad news for Pentagon programs and the companies involved…

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 […]