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Air Force

Top Defense Contractors Fared Better Under Sequestration Than Rest Of Industry, CSIS Report Says

By Cal Biesecker

Friday, October 17th, 2014

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Top Defense Contractors Fared Better Under Sequestration Than Rest Of Industry, CSIS Report Says

The top six defense contractors saw their overall receipt of Defense Department contract obligations decline far less than the rest of the industry under sequestration, according to an annual report by the Center for Strategic and International Studies (CSIS) that analyzes DoD contract spending. While the largest contractors have seen their overall share of DoD contract obligations decline slightly since 2003, between 2012 and 2013 when sequestration was in effect for part of the time these companies fared better than…

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

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 […]

Congress

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, […]

Congress

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. […]