The Navy has abandoned its plans to buy 17 additional Northrop Grumman Fire Scout rotary wing unmanned aerial vehicles (UAVs) for the next five years as part of its Fiscal Year 2015 budget submission. Read More
The Navy preserved development of future combat power over the next five years in its Fiscal Year 2015 $148 billion budget submission to Congress released in briefing at the Pentagon on Tuesday.
The procurement documents — released on Tuesday — emphasize weapon systems over the Future Years Defense Plan (FYDP) that will fit into future Navy constructs, like the Naval Integrated Fire Control-Counter Air—or NIFC-CA (pronounced: nif-kah) designed to prosecute high-end air wars in the 2020s as well as next generation surface ship weapons. Read More
The Coast Guard will likely need help from other government agencies to fund its proposed new $1 billion heavy icebreaker the service says it needs to operate in the Arctic and Antarctic, outgoing USCG commandant Adm. Robert Papp told reporters Wednesday following his final State of the Coast Guard address in Washington, D.C. Read More
The U.S. Air Force will retire the Fairchild Republic A-10 Warthog and the Lockheed Martin U-2 intelligence, surveillance and reconnaissance aircraft, but the service also hopes to invest in new technologies in the fiscal year 2015 budget proposal. Read More
The Pentagon is set to rollout its fiscal year 2015 budget submission on March 4.
“The President’s 2015 Budget will be released on March 4,” wrote Steve Posner, a spokesman for the White House’s Office of Management and Budget, in an email statement. Read More
The following are slides from a Jan. 7, 2014 briefing from the Congressional Budget Office (CBO): Approaches to Reducing Federal Spending on National Defense. Read More
The last minute budget deal reached by the House and the Senate restores readiness shortfalls for the Pentagon and provides a firmer base of fiscal stability for the Department of Defense, Secretary of Defense Chuck Hagel and Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey told reporters in a Thursday press conference. Read More
President Obama’s FY2014 base budget request of $552.0 billion in discretionary budget authority for the Department of Defense (DOD) and defense-related programs of other agencies (excluding war costs), exceeds by $53.9 billion the legally binding cap on defense funding for FY2014 that was enacted in 2011 as part of the Budget Control Act (P.L. 112-25). Unless the Budget Control Act (BCA) is amended, either Congress will have to cut the Administration’s National Defense request by $53.9 billion (about 9.8%) to meet the BCA cap of $498.1 billion, or else the BCA law will reduce the appropriation to the level set by the cap through a process of sequestration, beginning in January 2014. Read More