Tag Archives: budget

Project Overmatch Targeting R&D Tops Navy's Fiscal Year 2024 Wishlist, $550M for Facility Overhauls

Project Overmatch Targeting R&D Tops Navy’s Fiscal Year 2024 Wishlist, $550M for Facility Overhauls

Operations Specialist 3rd Class Zachary Ezekiel, assigned to the guided-missile cruiser USS Monterey (CG 61), identifies air contacts in the combat information center (CIC) on March 21, 2016. Monterey is underway conducting Composite Training Unit Exercise (COMPTUEX) with the Eisenhower Carrier Strike Group in preparation for a future deployment. US Navy photo.

This post has been updated with additional details from the unfunded priorities list.

If the Navy could ask for more funds in Fiscal Year 2024, it would prioritize infrastructure to target potential adversaries for its Project Overmatch initiative, USNI News has learned. Read More

HASC Chair Smith Says Higher Defense Spending On the Way, Ukraine Invasion Made Budget ‘More Complicated’

HASC Chair Smith Says Higher Defense Spending On the Way, Ukraine Invasion Made Budget ‘More Complicated’

U.S. Rep. Adam Smith, Chairman of the House Armed Service Committee, is briefed on the capabilities of the F-35A Lightning II during his visit at Luke Air Force Base, Ariz., Oct. 10, 2019. The congressman learned about several aspects of the 56th Fighter Wing F-35 pilot training and how the wing works to enhance lethality and readiness. (U.S. Air Force photo by Tech. Sgt. Jensen Stidham)

Russia’s invasion of Ukraine has increased bipartisanship support for foreign policy on Capitol Hill, reemphasized the value of alliances and partnerships and will certainly boost the upcoming Pentagon spending request, the chairman of the House Armed Services Committee said on Thursday. Read More

SECDEF Austin Warns of 'Enormous' Effects of Potential Year-Long Continuing Resolution

SECDEF Austin Warns of ‘Enormous’ Effects of Potential Year-Long Continuing Resolution

Secretary of Defense Lloyd J. Austin III delivers the keynote address during the 2021 Reagan National Defense Forum at the Ronald Reagan Presidential Library in Simi Valley, Calif., Dec. 4, 2021. DoD Photo

Defense Secretary Lloyd Austin is warning Congress that an extended stopgap bill to keep the government funded would have “enormous” effects on the Pentagon. Read More

Navy Bracing For Air Wing Shutdowns, Ship Maintenance Cancellations If Continuing Resolution Extended

Navy Bracing For Air Wing Shutdowns, Ship Maintenance Cancellations If Continuing Resolution Extended

An F/A-18F Super Hornet assigned to the Fighting Swordsmen of Strike Fighter Squadron (VFA) 32 lands on the flight deck of the aircraft carrier USS Dwight D. Eisenhower (CVN-69) on Dec. 12, 2016. US Navy Photo

The Navy might have to cancel 14 or more ship maintenance availabilities, shut down half its air wings and cancel deployments if lawmakers cannot pass a Fiscal Year 2017 defense spending bill next month. Read More