:

Space

Report Finds Space Force Could Cost Less than $3 Billion in New Funding

By Vivienne Machi

Monday, November 19th, 2018

SHARE:

Report Finds Space Force Could Cost Less than $3 Billion in New Funding

Falcon Heavy lifts off from Florida during its first flight Feb. 6, 2018. (Photo: SpaceX)

A new independent report released Monday asserts that it will take between $1.5 billion and $2.7 billion over five years to stand up some variation of a separate military branch dedicated to space, assuming the intelligence community is not included.Three potential scenarios for a new space-related military branch are laid out in the report, titled, “How Much Will the Space Force Cost?” and written by Todd Harrison, director of the Aerospace Security Project and defense budget analyst at the Washington,…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]