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Congress

CNO Encouraged With LCS Progress, Pledges Vigilance On Cost Oversight

DDN

Tuesday, May 5th, 2009

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By Emelie Rutherford The Navy's top officer said yesterday he is "encouraged" with steps the two Littoral Combat Ship (LCS) builders have taken to control the price of their second vessels, and will monitor closely the ships' costs amid congressional concerns. The service last Friday awarded General Dynamics [GD] a fixed-price contract of an unspecified amount for its second littoral ship: the USS Coronado, LCS-4 (Defense Daily, May 4). The Navy in March awarded rival LCS shipbuilder Lockheed Martin [LMT]…

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 […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]