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Business/Financial

Deloitte Study Provides Granularity On A&D Impact On Nation’s Economy

Defense Daily Staff

Thursday, March 8th, 2012

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In the face of hundreds of billions of dollars in defense budget cuts that would begin next year if Congress can’t agree on longer-term budget plans to whittle the national deficit, the consulting firm Deloitte yesterday issued a new study that details the impacts of the aerospace and defense industry have at the national and state levels. The report was commissioned by the Aerospace Industries Association (AIA), which last year began sounding warnings to national leaders about the devastating impact…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]