Budget
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BudgetBiden Signs FY ‘24 Spending Package With $824.3 Billion Defense Bill, Shutdown Averted
President Biden on Saturday signed a spending package of the final six remaining fiscal year 2024 appropriations bills, including $824.3 billion for defense, averting a partial government shutdown. “The bipartisan […]
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CongressHouse Passes FY ‘24 Spending Package With $824.3 Billion Defense Bill, Senate Faces Midnight Deadline
The House on Friday passed the $824.3 billion fiscal year 2024 defense appropriations legislation, part of a six-bill spending package, sending the measure to the Senate with just hours left […]
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CongressFinal $824.3 Billion FY ‘24 Defense Spending Bill Supports Six Multi-Year Munitions Deals, Replicator Funding
Congressional appropriators early Thursday morning unveiled their final $824.3 billion fiscal year 2024 defense appropriations bill, which includes a compromise to fund six of the Pentagon’s multi-year munitions requests and […]
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Advanced / Transformational TechnologyCongressional Appropriators Bet Big On DIU In FY ’24 Appropriations Bill
In a show of generosity, congressional appropriators on Thursday released a spending bill that would fund the Pentagon’s Defense Innovation Unit (DIU) at nearly $1 billion in fiscal year 2024, […]
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BudgetNavy’s Shipbuilding Plan Lays Out Decommissioning Choices
The Navy’s fiscal year 2025 30-year shipbuilding plan detailed the service’s plans and reasons for requesting to decommission 19 ships, including 10 ships before the end of their expected service […]
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BudgetNew Shipbuilding Plan Looks To Growth And Constrained Options
The Navy this week submitted the latest 30-year shipbuilding plan to Congress, offering a primary profile with significant cost and size growth and an alternative profile constrained by lower budget […]
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Advanced / Transformational TechnologyKratos’ Chief Suggests DoD Experiment With $5 Billion Annually To Buy Innovative Technologies Off-The-Shelf
The Defense Department should spend $5 billion annually over a three-year period to buy production-ready systems that almost, but do not quite currently, meet requirements to help innovative technology companies […]
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BudgetXLUUV ‘Re-phased’ and Pushed Back, FY ’25 Budget Request Lays Out Latest Schedule
Navy officials recently confirmed the Orca Extra Large Unmanned Undersea Vehicle (XLUUV) program has been “re-phased” and pushed back in the schedule, with the fiscal year (FY) 2025 budget request […]
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CongressSASC Chair May Support Defense Boost Above Spending Cap If Supplemental Doesn’t Pass
The chair of the Senate Armed Services Committee said Monday he may be open to boosting the fiscal year 2025 defense topline above the one percent spending cap from last […]
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PentagonNo New Multi-Year Munitions Requests In DoD’s FY ‘25 Budget Submission
The Pentagon did not include any new requests for multi-year munitions procurements in its fiscal year 2025 budget submission, while the department still awaits confirmation its requests for FY ‘24 […]