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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…

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, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]