Sign In
Search
Army

Army’s $185.5 Billion FY ‘24 Budget Pushes Modernization Ahead Without ‘Wholesale’ Program Cuts

Matthew Beinart By
SHARE:
Army’s $185.5 Billion FY ‘24 Budget Pushes Modernization Ahead Without ‘Wholesale’ Program Cuts
The Honorable Gabe Camarillo , Undersecretary of the Army, receives an orientation to the Transport Erector Launcher of the Long Range Hypersonic Weapon by members of the U.S. Army Rapid Capabilities and Critical Technologies Office and Lockheed Martin during a visit to Huntsville, Alabama on April 1, 2022. (Photo: William King, U.S. Army Materiel Command)

The Army’s $185.5 billion budget request for fiscal year 2024 keeps the service’s modernization push “on track,” officials said, as it aims to continue moving new systems from development into production. While the Army’s spending request is essentially flat from its current $185.2 topline for FY ‘23 topline, officials confirmed the service did not require "wholesale" cuts or reductions to current programs in order to fully fund modernization in the new budget. “This budget enables us to maintain significant continuity…

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.

Recommended

Army

Army Places $433.2 Million Order With Sikorsky For 24 More Black Hawks

Army

Lawmakers Seek To Fence Off Half Of NGC2 Funding Until Army Provides More Details

Army

GD Has Delivered First M1E3 Abrams Tank Prototype, Army Chief Says

Army

AV Nabs New Award To Deliver P550 UAS For Army’s Long Range Reconnaissance Program

Trending

Trump Wants To Bring Back Battleships With New Ship Class Named After Himself
Trump To Defense Industry Leaders: Slash Executive Pay, Dividends And Buybacks In Favor Of Production Investments
CACI Makes Play To Bolster Space Capabilities With $2.6 Billion Bid For ARKA Group
Boeing Picks Anduril As Rocket Motor Partner In Pursuit Of IFPC Inc. 2 Second Interceptor
HawkEye 360 CEO Says ISA Buy Will Bolster Hawkeye’s Signals Analysis and Financial Position With Acquisition Of ISA

Contract Updates

Aerojet Rocketdyne Coleman Aerospace Inc. a wholly owned subsidiary of Aerojet Rocketdyne Inc. (Orlando, Florida) – $10,333,902

Aerojet Rocketdyne, Coleman Aerospace Inc., a wholly owned subsidiary of Aerojet Rocketdyne Inc., Orlando, Florida, is being awarded a $10,333,902 modification (P00258) to exercise an option to a previously awarded contract (HQ1047-14-C-0001) to increase calendar year 2026 program management office…

The Bell Boeing Joint Project Office (California, Maryland) – $262,069,451

The Bell Boeing Joint Project Office, California, Maryland, has been awarded a maximum $262,069,451 fixed-price-incentive, performance-based contract for V-22 Phase II consumable market basket items. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in…

Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $264,867,008

Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $264,867,008 modification to award a hybrid firm-fixed-price and cost-plus-fixed-fee delivery order (SPRTA1-26-F-0020) against a five-year indefinite-delivery/indefinite-quantity contract (SPRTA1-19-D-0001) for B-2 rudders. This was a sole-source acquisition using justification…

General Dynamics Land Systems Inc. (Sterling Heights, Michigan) – $11,146,013

General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded an $11,146,013 modification (P00122) to contract W56HZV-22-C-0012 to exercise option hours for Abrams system technical support. Work will be performed in Sterling Heights, Michigan, with an estimated completion date of…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume