The Air Force still risks missing its legally-required Sept. 30, 2014, deadline of having its statement of budgetary resources (SBR) audit-ready, according to the service’s number two civilian. As part of an effort called Financial Improvement and Audit Readiness (FIAR), the FY ’13 National Defense Authorization Act (NDAA) requires the Defense Department’s SBR to be audit-ready by the end of FY ’14. The FY ’10 NDAA also requires DoD’s financial statements to be audit-ready by Sept. 30, 2017. Acting Air…
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House Appropriators Uncertain Navy Will Award F/A-XX Contract By August
House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]
House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty
The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]
House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut
The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]
House Appropriators Concerned With ‘Risky’ Reconciliation Approach To Fund Munitions, F-35 Plans
The House Appropriations Committee has raised concern with the Trump administration’s “risky” approach to seeking significant fiscal year 2027 funding for key priorities such as critical munitions and F-35 procurement […]
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