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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…

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

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Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]