:

Air Force

GAO Warns More F-35 Cost And Schedule Hiccups Likely

DDN

Monday, March 22nd, 2010

SHARE:

By Emelie Rutherford Government auditors' latest assessment of the F-35 Joint Strike Fighter program warns additional cost growth and schedule extensions, beyond those recently unveiled, are likely. The Government Accountability Office's (GAO's) sixth annual F-35 report, released last Friday, reflects much but not all of the latest cost data emerging from the Pentagon on the effort to buy 2,443 jet fighters for the Air Force, Navy, and Marine Corps. The program's total procurement cost has risen to a much as…

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 […]