:

Budget

Navy’s $33.3 Billion Procurement Budget For FY ’17 Contains Less Funding For Aircraft, Shipbuilding Than FY16

Valerie Insinna

Tuesday, February 9th, 2016

SHARE:

Navy’s $33.3 Billion Procurement Budget For FY ’17 Contains Less Funding For Aircraft, Shipbuilding Than FY16

The USS Coronado (LCS-4) (Photo: U.S. Navy)

The Navy on Tuesday released its $164.9 billion budget request for fiscal year 2017, which includes $33.3 billion for ship, aircraft and weapon procurement.The service emphasized increasing its investments on future munitions and undersea warfare at the expense to some shipbuilding and aircraft procurement. One of the biggest tradeoffs comes as the result of a 12-vessel cut to the Littoral Combat Ship (LCS) program of record. Instead of procuring a total 52 LCS and fast frigates (FF), the service will…

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]