Budget

The Senate Appropriations Committee (SAC) approved a $516.4 billion Pentagon budget bill Thursday by a 22-8 vote, just as Congress prepared to leave Washington for five weeks and return less […]

B-52 pilots are facing yet another 20 percent cut in flying hours due to sequestration budget cuts after previously enduring a 20 percent reduction over a decade spanning 2000 to […]

The Air Force is assessing a new approach to national security space launches in an era of declining defense budgets. The Air Force sought information from industry for its assessment […]

Pentagon leaders unveiled on Wednesday the findings of their multi-month review of the potential impacts of sequestration budget cuts, offering competing plans for cutting either troops or high-end equipment. Defense […]

Lockheed Martin [LMT] said yesterday it reached an agreement in principle with the Defense Department on a new batch of 71 F-35 Joint Strike Fighters, Lots 6 and 7, with […]

The Air Force Monday awarded six companies portions of a $960 million contract for Network-Centric Solutions-2 (NETCENTS-2) application services, according to a Defense Department statement. Lockheed Martin [LMT], Jacobs Technology […]

South Korea will restart bidding in mid-August for its multi-billion dollar fighter jet competition after offerors and Seoul couldn’t come to terms in the previous rounds, according to a key […]

The Defense Security Cooperation Agency (DSCA) said it notified Congress Monday of a possible foreign military sale (FMS) to Qatar of one A/N FPS-132 Block 5 Early Warning Radar (EWR) […]

Senate budget writers unveiled a Pentagon budget proposal Tuesday that calls for ignoring so-called sequestration cuts, boosting defense spending above the White House’s proposal, and adjusting funding for weapons programs […]

 The Pentagon plans to share details this week of its extensive review of how its budget would be impacted by budget cuts. “We will provide some information that you’ve all […]