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Air Force

Hill Scouring DoD Budget With $18 Billion In Weapons Cuts

Julie Samuel

Tuesday, February 14th, 2012

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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…

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 […]