The Pentagon unveiled yesterday its fiscal year 2013 budget proposal--which includes a restructuring of the F-35 Joint Strike Fighter program--giving lawmakers details on proposed weapons changes they will challenge starting today. The Senate Armed Services Committee (SASC) will kick off the fiscal year 2013 defense budget hearings with Pentagon leaders today, when the administration's proposal to restructure Lockheed Martin’s [LMT] F-35 program will be scrutinized. The Pentagon wants to save $15.1 billion by delaying plans for buying 179 F-35s over the…
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In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]