Senior Pentagon officials on Friday confirmed the department has officially moved ahead with transfering $1.5 billion to help ramp up production lines and replenish stockpiles of Javelin and Stinger missiles that have been sent to Ukraine to aid in its fight against Russia’s ongoing invasion. � ...

The Defense Property Accountability System (DPAS) is inadequate for the real-time inventory of property for the Lockheed Martin [LMT] F-35 at 671 government and contractor sites, per a new Government Accountability Office (GAO) report. In 2019, the Pentagon Inspector General (IG) found that the ...

Defense Secretary Lloyd Austin told lawmakers Tuesday he would not allow stockpiles of munitions such as Javelin and Stinger missiles to fall below minimum levels, adding that the new $33 billion supplemental funding request to Congress would assist in replenishing large portions of that equipment ...

The global increase in fuel prices is estimated to cost the Pentagon over $3 billion more in fiscal 2022 than it had originally expected, the department’s comptroller told lawmakers on Wednesday.  While the final FY ‘22 budget Congress passed in March factored in $1.5 billion to cover ...

Deputy Defense Secretary Kathleen Hicks said Tuesday the new rapid experimentation campaign to address joint warfighting capability gaps is aimed at solving the department’s “complicated system” for transitioning promising new technologies into actual programs. Hicks told the Defense Writers ...

The Biden administration’s fiscal year 2023 budget request calls for a $773 billion Pentagon topline, a four percent increase over the current spending level, as the department plans its largest ever investment in technology development and procurement efforts to modernize for future strategic ...