:

Navy/USMC

Navy Comptroller Readying For Pain Of “Meat Cleaver” Sequester

Tuesday, October 17th, 2023

SHARE:

Navy Comptroller Readying For Pain Of “Meat Cleaver” Sequester

Russell Rumbaugh, Assistant Secretary of the Navy for Financial Management and Comptroller. He has served in the position since January 2023. (Photo: U.S. Navy)

The Navy is getting ready for the ‘meat cleaver” of cuts from a sequester if Congress does not pass a new appropriations bill before the new year, the service’s comptroller said this week. According to the Fiscal Responsibility Act that was passed earlier this year as part of a deal to raise the debt limit, if Congress does not pass appropriations bills before January 1, 2024, the bill imposes caps for all discretionary spending at 99 percent of fiscal year…

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]