Aerospace Group:

Army

Army’s $182.3 Billion FY ’20 Budget Request Includes Legacy System Cuts To Fund Modernization

By Matthew Beinart

Tuesday, March 12th, 2019

SHARE:

Army’s $182.3 Billion FY ’20 Budget Request Includes Legacy System Cuts To Fund Modernization

BAE Systems' next-generation Bradley fighting vehicle concept

The Army has requested $182.3 billion for its fiscal year 2020 budget, including a shift of nearly $33 billion towards modernization, initiating senior leadership’s goal to reach a 50-50 split between procuring legacy systems and funding development of future systems within the next five years. Officials detailed the FY '20 budget request on Tuesday that will start the process of curtailing 186 programs through fiscal year 2024 as the service looks to shift $57 billion, over the same period, from…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]