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Augustine: United States Can Afford First-Rate Space, Defense Programs, But Doesn’t Out Of Stinginess, Wrong Priorities

Betting On Super Bowl Rivals The Missile Defense Budget; Pornography Spending Equals Recent NASA Budgets The United States fails to provide adequate funding for major space, missile defense and weapons acquisition programs -- not because the nation can't afford them, but because decision makers don't want to, according to Norm Augustine, retired Lockheed Martin Corp. [LMT] chairman and CEO. Despite recent economic turmoil, the United States still is the richest nation on the planet. Augustine responded in an interview to…

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Congress Updates

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]


House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]


Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]


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 […]