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Budget

Funding for Anti-Ship SM-6, Additional F-35Cs and F-18s Included in Budget, Carter Says

Valerie Insinna

Friday, February 5th, 2016

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Funding for Anti-Ship SM-6, Additional F-35Cs and F-18s Included in Budget, Carter Says

During his trip to California this week, Defense Secretary Ashton Carter detailed a number of shipbuilding, aviation and munitions investments from the fiscal 2017 budget request, including a plan to buy an anti-ship version of the SM-6 missile that was secretly tested last month.The Pentagon will request $2.9 billion over the next five years to maximize the production of the SM-6 made by Raytheon [RTN], and transform it from a surface-to-air missile used to destroy cruise and ballistic missiles to…

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 […]