Presidential candidates Sens. John McCain and Barack Obama are proposing contracting reforms as cost savers in the wake of the U.S. credit crisis, with McCain last month calling for an end to cost-plus Pentagon contracts days after Obama pledged to cut federal spending on contractors by 10 percent. Campaign observers said that in the defense realm, the contracting changes floated by either or McCain (R-Ariz.) or Obama (D-Ill.) may prevail, considering the similarities between the opponents' proposals and movement in Washington…
Recommended
Lockheed Announces New PAC-3 ACE Low-Cost Interceptor
PAE Maritime Reaches IOC
Trending
Congress Updates
House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense
House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]
Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns
Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]
Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost
Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]
CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million
The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]