:

Air Force

Welsh Defends $550 Million New Bomber Price Tag, Says He Controls Requirements

Pat Host

Thursday, March 27th, 2014

SHARE:

Welsh Defends $550 Million New Bomber Price Tag, Says He Controls Requirements

Air Force Chief of Staff Gen. Mark Welsh (left) talks to HASC Chairman Buck McKeon (R-Calif.). Photo: Dana Rene/Defense Daily

The Air Force’s top officer defended the service’s $550 million unit cost estimate for its new next-generation bomber, saying it is based on the price to produce the airplane when it comes off the production line through the program life and not the “fully burdened” cost of the entire program. Air Force Chief of Staff Gen. Mark Welsh said Thursday that he believes the estimated price because he controls the requirements. Welsh added that the new bomber program, known as…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]