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Air Force

F-35 Development Costs To Come Down In 2015, Pentagon Says

Defense Daily Staff

Monday, March 12th, 2012

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Redesign and modification in the development of F-35 Joint Strike Fighter (JSF) will continue to drive the cost of the program for the next few years, but it will likely start dropping in 2015, Vice Adm. David Venlet, the Pentagon’s program executive officer for the JSF, said recently. Venlet said the redesign and modification costs--known as “concurrency”--have been affecting all aspects of the program, including hardware, software, schedules and technical performance, but he was confident that Pentagon and manufacturer Lockheed…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

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 […]