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Business/Financial

Obama’s Missile Defense Cuts Prevail In Both Senate Armed Services Panel, And In Entire House

DDN

Monday, June 29th, 2009

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Funding Restoration Amendments Are Rejected Even More Cuts May Gouge Missile Defense Programs In Future Years, Lawmaker Warns Both the entire House and a key Senate panel backed President Obama's quest to slash $1.2 billion from ballistic missile programs, as amendments to continue full funding of the missile shield systems were voted down. Further, this blood-letting for the missile shield may be just the opening salvo in a multi-year war against the missile shield programs, with one lawmaker predicting that…

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 […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]