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Space

GAO Report Details Limited Recourse Options For Government Satellite Programs

By Matthew Beinart

Friday, June 9th, 2017

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GAO Report Details Limited Recourse Options For Government Satellite Programs

The federal government’s available resources for financial recourse in regards to failed satellite contracts is limited compared to its overall investment in the sector, according to a Government Accountability Office (GAO) report released Friday.GAO’s report, Satellite Acquisitions: Agencies May Recover a Limited Portion of Contract Value When Satellites Fail (GAO-17-490), analyzed contract data from 19 satellite programs across the Department of Defense, NASA and the National Oceanic and Atmospheric Administration (NOAA), as well as conducted 12 case studies to gain…

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]