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Business/Financial

Imminent Sequestration Report May Not Provide Minute Detail On DoD Cuts

Julie Samuel

Thursday, September 6th, 2012

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The White House is poised to send Congress a report on how so-called sequestration budget cuts would be implemented, a document the Pentagon’s top weapons buyer implied yesterday will not include minute levels of detail. Congressional aides said today is the deadline for President Barack Obama to send Congress an explanation of how $1.2 trillion in defense and non-defense “sequestration” reductions would be applied if lawmakers can’t agree on a plan to stop the decade-long cuts from starting next year.…

Congress

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 […]

Congress

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 […]

Congress

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 […]

Congress

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 […]