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Congress Updates

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]


Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]


Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]



Commentary


Army

Army Awards Leidos $2.7 Billion To Accelerate Hypersonic Work

Leidos [LDOS] on Tuesday said it received a $2.7 billion Army contract to unify two hypersonic programs it is developing for the Army and Navy in an effort to accelerate […]



Navy/USMC

Navy Establishes Three More PAEs For Aviation, Mission Systems, Munitions

The Navy on Monday announced it established three more Portfolio Acquisition Executives (PAEs) in another step towards acquisition reform and reorganization: Aviation, Mission Systems, and Munitions. “The needs of the […]



Air Force

USAF To Meet With Companies On Support Equipment For B-52 CERP

As the U.S. Air Force prepares to modify two B-52H bombers later this year for the Commercial Engine Replacement Program (CERP), the bomber directorate’s contracting office at Tinker AFB, Okla., […]



Business/Financial

Anduril Raises $5 Billion In New Round; Company Valuation At $61 Billion

Anduril Industries on Wednesday said it has raised $5 billion in a late-stage venture capital round to continue investing in manufacturing capacity, development, and infrastructure as it continues to scale […]



Space

Space Control Budget More Than Doubles To About 30 Percent Of Space Force Request

Space Control is about 30 percent of the Space Force’s fiscal 2027 budget request of $71 billion, which is to include $12 billion in a future reconciliation bill, according to […]