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Budget

GAO Finds PortfolioStat IT Cost Savings Fall Short By 68 Percent

Friday, April 17th, 2015

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GAO Finds PortfolioStat IT Cost Savings Fall Short By 68 Percent

The Office of Management and Budget’s (OMB) PortfolioStat program, meant to lower federal IT costs, fell short on expected savings by 68 percent, according to a new report from the Government Accountability Office (GAO).Federal agencies initially planned to save upward of $5.8 billion between FY '13–'15, they reported to the GAO in 2013. The estimated savings were later decreased to about $2 billion as of January 2015. The Departments of Defense (DoD) and Homeland Security (DHS) consisted of most of…

Senators Push Navy Against Single Destroyer Request In FY ’27

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Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

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Army

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 […]