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Navy/USMC

CBO Finds Shipbuilding Plan To Cost 10 Percent More Than Estimated

Thursday, April 22nd, 2021

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CBO Finds Shipbuilding Plan To Cost 10 Percent More Than Estimated

A new Congressional Budget Office (CBO) report released April 22 estimates the Navy’s latest long-term shipbuilding plan would cost 10 percent more than the service expects. The Navy submitted the annual 30-year shipbuilding plans to Congress 10 months late in December, rather than as normal with the annual Defense Department budget request in early 2020. Beyond being late, it mapped out a plan to drastically increase the size of the fleet, reaching 355 manned ships within a decade and reaching…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]