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Army

The Defense Department’s Annual Report Of Military Sales Sits At $33 Billion in 2016

Tuesday, November 8th, 2016

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The Defense Department has spent nearly $3 billion in the fiscal year that expired in October.The Defense Security Cooperation Agency (DSCA) announced on Tuesday sales of $33 billion in military goods for Fiscal Year 2016. The total sales include $2.9 billion of Foreign Military Financing-funded cases; $5. billion in Building Partner Capacity-funded cases; and $25.7 billion funded by partner nations.DSCA has been working with stakeholders throughout the U.S. Government, defense industry, and foreign partner communities to implement a series of…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]