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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

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]