The House Appropriations Committee (HAC) endorsed yesterday a $530 billion defense budget after approving new provisions supporting the F-35 Joint Strike Fighter and M1 Abrams tank programs. The House is slated to take up the fiscal year 2012 defense appropriations bill next week, following the HAC’s markup yesterday. Senior committee members emphasized their support for Lockheed Martin’s [LMT] over-budget and behind-schedule F-35 program during the bill-writing session. The HAC, on a voice vote, approved an amendment that adds language to…
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SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts
The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]
SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction
The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]
House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation
House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]
MOSA Implementation By Pentagon Lagging, GAO Official Says
While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]
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