Search

Army May Lose More Than $7 Billion In Buying Power Due To CR, McCarthy Says

Army May Lose More Than $7 Billion In Buying Power Due To CR, McCarthy Says
Secretary of the Army Ryan McCarthy, left, and Army Chief of Staff Gen. James McConville answer questions during a press conference at the 2019 AUSA Annual Meeting and Exposition at the Washington Convention Center on Oct. 14, 2019. (Photo: Jennifer Milbrett for AUSA

The Army’s top civilian said Monday the service could lose more than $7 billion in buying power under an extended continuing resolution (CR), calling on Congress to pass a budget required to avoid setbacks to the service’s modernization push. Army Secretary Ryan McCarthy told reporters at the Association of the United States Army conference in Washington that top officials remain committed to the service’s six modernization priorities, and underlying 31 programs, while noting that tough choices are ahead to ensure…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?

Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]


House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]


House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]


House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]