Aerospace Group:

Air Force

Services’ Budgets Squeezed By Oil Spikes

Julie Samuel

Friday, April 19th, 2013

SHARE:

Military leaders said yesterday their budgets are being squeezed by the volatility of fossil-fuel prices. Senate Armed Services Readiness and Management Support subcommittee Chairwoman Jeanne Shaheen (D-N.H.) noted to the military service vice chiefs how spikes in the cost of oil have created unexpected jumps in their already-tight budgets and impacted their readiness. Her comments came--during a hearing of her subpanel--as some Republicans in Congress continue to push back against Pentagon biofuels-development efforts, which they argue should not be funded…

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]