Budget Deficits Projected To Swing To Surpluses Vast Improvement In Federal Finances In Next Decade Could Be Enough To Permit Giant Funding Gains For NASA, Missile Defense, Other Federal Programs The annual federal government budget deficit will plunge by an effective $328 billion from the fiscal year ending Sept. 30, 2010 to fiscal 2012, the nonpartisan Congressional Budget Office estimated last week. That would be followed by more years flush with revenues, to create federal budget surpluses in place of…
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Senators Push Navy Against Single Destroyer Request In FY ’27
The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]
Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition
The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]
Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections
The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]
Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase
The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]