Budget

The Air Force is set to launch the fourth Global Positioning System (GPS) IIF satellite (GPS IIF-4) tonight between 5:35 p.m. and 5:58 p.m. EDT from Cape Canaveral Air Force […]

Lockheed Martin’s [LMT] improved approach to F-35 software development is helping the company save time and money by correcting issues earlier in the process, according to a key executive. Lockheed […]

The Pentagon announced Tuesday that most of its civilian employees will be forced to take 11 furlough days starting in July, spurring angry calls from Republicans for Congress to intervene. […]

The Air Force said yesterday it awarded Northrop Grumman [NOC] a $555.6 million indefinite-delivery/indefinite-quantity (ID/IQ) contract for Global Hawk unmanned aerial vehicle (UAV) modernization. The tasks on each delivery or task order will fall into, […]

The likely next director of the White House budget office faced few questions about “sequestration” during her confirmation hearing Monday, perhaps signaling the debate over those budget cuts has died […]

The Navy said in its annual shipbuilding plan submitted to Congress on Friday that the goal of reaching a fleet size of 306 ships by 2037 will be in jeopardy […]

The Army has “huge” worries about how the defense contractors on which it relies will fare if sequestration budget cuts persist, its top civilian said. Army Secretary John McHugh told […]

The Defense Department’s acquisition process simply “takes way too long and costs way too much,” the Air Force’s top civilian said Tuesday. Air Force Secretary Michael Donley testified to the […]

The Air Force could not definitively confirm yesterday if it was on track to meet legally-required audit readiness for fiscal years 2014 and 2017. “(The) short answer is yes, but […]

The Pentagon is looking to cut more funding from its headquarters, defense agencies, and combatant commands as it scours its budget for cost savings, its No. 2 official said. Deputy […]