The Latest On Trends And Developments In Aerospace And Defense Sequester Counting. The numbers are in on the FY ’13 impact of sequestration, the $500 billion in decade-long defense cuts that started in March. A Pentagon report from earlier this month--“Department of Defense Report on the Joint Committee Sequestration for Fiscal Year 2013”--shows total defense-wide and Navy resources (including unobligated balances) each were cut by 7.7 percent for FY ‘13. Comparable Air Force and Army resources dropped 7 percent and 4.4…
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Congress Updates
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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