Budget
-
ArmyArmy’s $178 Billion FY ‘23 Budget Request Maintains Modernization With Cuts To Several Current Systems
The Army has requested a $178 billion budget for fiscal year 2023, a slight increase of $2.8 billion over the current spending level, with cuts to several procurement lines for […]
-
PentagonBiden Requests $773 Billion For Pentagon In FY ‘23, As DoD Briefs Congress On New National Defense Strategy
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 […]
-
Navy/USMCNavy FY ‘23 Budget Looks To Retire 24 Ships, Reducing Total Fleet Size In Near Term
The Navy’s fiscal year 2023 budget request is seeking to buy nine more ships in 2023, but also wants to retire 24 other ships in an act that would reduce […]
Tagged in: -
CongressCoast Guard Plans To Acquire Commercial Icebreaker To Complement PSCs
The Coast Guard is seeking $125 million in its fiscal year 2023 budget request for a “commercially available polar icebreaker,” which would help the service meet interim needs until its […]
Tagged in: -
CongressGOP Members Of HASC, SASC Urge 5% Defense Spending Boost Above Inflation In FY ‘23
Republicans on the House and Senate Armed Services Committee are calling for President Biden to request a defense budget for fiscal year 2023 that would reflect a five percent increase […]
-
BudgetFinal FY ‘22 Budget Requires Some Buy America Parts In New Navy Ships
The final fiscal year 2022 spending bill inserted some “Buy American” requirements in new Navy ships going forward with the next set of frigates, fleet replenishment oilers, cable laying and […]
Tagged in: -
BudgetBiden Signs New Federal Spending Bill
President Biden on Tuesday signed into law the Consolidated Appropriations Act, 2022 (H.R. 2471), which funds the federal government through Sept. 30, 2022 and includes $782 million for defense-related spending […]
-
ArmyLawmakers Place $350 Million For IVAS Procurement On Hold Until IOT&E Completion, Brief On Program
The final fiscal year 2022 defense spending bill places nearly $350 million for the Army’s procurement of the new Integrated Visual Augmentation System (IVAS) headset “on hold” until the completion […]
Tagged in: -
CongressCongress Passes FY ‘22 Spending Bills, Includes $782 Billion For Defense Programs
The final $1.5 trillion fiscal year 2022 spending package, with $782 billion for defense-related programs, is headed to the president’s desk for final signature after the Senate approved the legislation […]
Tagged in: -
CongressFinal FY ‘22 Spending Deal Boosts Defense Funds By Billions, Includes $13.6 Billion In Ukraine Aid
Lawmakers’ final bipartisan $1.5 trillion fiscal year 2022 spending package includes $782 billion for defense-related programs, an increase of $42 billion over the FY ‘21 level, as well as a […]