Aerospace Group:

Budget

U.S. Nuclear Forces To Cost $1.2 Trillion Over 30 Years, CBO Estimates

By Marc Selinger

Tuesday, October 31st, 2017

SHARE:

U.S. Nuclear Forces To Cost $1.2 Trillion Over 30 Years, CBO Estimates

The Air Force in 2016 unveiled the name of the future B-21 bomber: the "Raider." (Credit: Marc Selinger/Defense Daily)

Current plans to modernize, operate and sustain U.S. nuclear forces will cost about $1.2 trillion over the next three decades, according to a report released Oct. 31 by the Congressional Budget Office (CBO).Modernization will account for about $400 billion of that total, while operations and sustainment will take up the other $800 billion, the CBO estimated. The total annual cost of nuclear forces is projected to jump from $29 billion in 2017 to about $50 billion in the early 2030s,…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

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 […]