The chair of the House Armed Services Committee said Wednesday he is “unconvinced” on pursuing a deep cut to the defense budget, adding he could see a likely reduction of $10 to 20 billion in the coming years rather than a 10 to 20 percent overall cut. Rep. Adam Smith (D-Wash.) also told ...

Army Secretary Ryan McCarthy said Thursday the service’s “night court” divestitures for the fiscal year ‘22 budget will be at a similar level to the FY ‘21 amount, which found $13.5 billion to shift toward modernization, with subsequent years to likely go after larger cuts.  McCarthy ...

The chairman of the House Armed Services Committee (HASC) said Tuesday he predicts Democrats will have to settle significant intra-party differences on reducing the defense budget if former Vice President Joe Biden wins the election, while noting he believes the Pentagon should still be able to ...

The long-term budget impacts of the pandemic may cause a delay in the Marine Corps’ plans to redesign the force by 2030, the service’s top official said Thursday. Gen. David Berger, the Marine Corps commandant, told attendees during a virtual Defense One discussion that likely budget ...

The Pentagon’s spending plans are relatively flat adjusted for inflation for remainder of its five-year budget program that begins in fiscal year 2021 but in the decade leading to 2025 the budget will have to grow faster than inflation to keep up with current plans, the Congressional Budget ...

The U.S. Air Force and U.S. Space Force are continuing negotiations with Northrop Grumman [NOC] and Blue Origin over an appropriate time to end the companies’ Launch Services Agreement (LSA) funding, as they lost out in the Phase 2 launch service procurement (LSP) National Security Space ...