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Budget

Wes Bush: Cuts to R&D Will Hinder Economic Growth, Rendering Sequester Pointless

Mai Hanoon

Tuesday, December 3rd, 2013

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Industry and academia came together Monday morning to reinforce their message that sequestration’s impact on government-funded research and development is harmful to all sectors now and in the future, and that continuing to focus deficit-reduction efforts on discretionary-spending accounts--which total only a third of all government spending--will slow or reverse economic growth. Wes Bush, president and chief executive officer of Northrop Grumman Corp.[NOC] and chairman of the Aerospace Industries Association’s Board of Governors, joined representatives from universities, non-defense industry, manufacturers…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]