Search

Debt Ceiling Deal $886 Billion Defense Cap Defines Trade Space; Fate of UPLs Uncertain

Debt Ceiling Deal $886 Billion Defense Cap Defines Trade Space; Fate of UPLs Uncertain
Secretary of the Air Force Frank Kendall speaks during the Ash Carter Exchange on Innovation and National Security on May 9th in Washington, D.C. (U.S. Air Force Photo)

The debt ceiling deal's $886 billion fiscal 2024 defense cap will heighten congressional scrutiny of military service defense budgets this year and will likely mean congressional leaders will have to cut such requests, if those leaders want to fund items on the services' unfunded priority lists (UPLs) or restore prior funding cuts. Having an established defense topline for fiscal 2024 "defines the trade space" within the congressional defense committees, David Berteau, the president of the Professional Services Council (PSC), said…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]


Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]


Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]


HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]