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Budget

Navy Comptroller: Sequester Would Cut Navy Budget By $15 Billion

Wednesday, September 13th, 2023

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Navy Comptroller: Sequester Would Cut Navy Budget By $15 Billion

Artist rendering of the future Columbia-class nuclear-armed ballistic missile submarine (SSBN), which will replace the Ohio-class submarines. (Illustration: U.S. Navy)

The Department of the Navy’s comptroller this week warned if the government faces a sequester starting in 2024 the Navy would face a $15 billion budget cut and if there is a year-long continuing resolution the Navy would have about $26 billion misaligned while the second new nuclear-armed submarine could not be procured. “Despite the stability and responsibility the Fiscal Responsibility Act [FRA] was supposed to give us across the U.S. government, passed by both chambers of Congress, we are…

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 […]

Congress

HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics

The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]