The Latest Word on Trends and Developments in Aerospace and Defense Sequester Start. If so called sequestration budget cuts--of $500 billion to planned Pentagon spending over the next decade--kick in starting next January, existing contracts funded with obligated FY ’12 monies would not be impacted, Pentagon spokesman George Little says July 17. However, all funding for FY ’13, which starts in October of this year, would fall under the sequestration cuts even though they would not start until Jan. 2,…
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Michael DiOrio – Dataminr
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Congress Updates
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 […]
Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers
The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]
Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement
A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]