Tag Archives: budget

Report outlines contingency plans for Pentagon spending; Lockheed beefs up ground systems tech with acquisition

Washington Post – The Defense Department may be good at planning for doomsday scenarios, but dealing with fiscal disasters is a different art form. A new report by the Center for Strategic and International Studies analyzed the decline of the defense budget and drew up a list of affordable military options for the government in […]

DoD Details Planned Cuts If Budget Caps Remain

Defense News — The Pentagon has laid out plans for how it would cut $66 billion in procurement and research-and-development projects between 2016 and 2019 should US defense spending caps remain in place. The cuts would affect dozens of Defense Department programs, including the Lockheed Martin F-35 joint strike fighter, Boeing KC-46 aerial refueling plane […]

White House Pushes Budget Hike

Defense News — The White House and Pentagon, after weeks of back-and-forth debate, appear ready to expand the Defense Department’s budget starting in 2016. Administration officials are contemplating a $535 billion DoD budget in 2016, one source said, which is about $36 billion over the sequester cap. The administration would offset the defense increase in […]

Analyst: Pentagon Budget Could Drop To $415 Billion

Aviation Week — The Pentagon’s baseline budget could dip to $415 billion in coming years, with as little as $62 billion in annual authorized procurement, while the active military force shrinks to about 1 million uniformed personnel, according to analyst Todd Harrison of the Center for Strategic and Budgetary Assessments. Harrison provided Washington reporters an […]

Failure to Launch: Military Space Programs in Search of New Direction

National Defense Magazine — Satellite communications are in short supply. Networks are defenseless against cyber attacks. Spacecraft cost too much. And the acquisition process is out of touch. This is only a partial list of what ails military space programs. Across the military, demand for satcom services, weather data and other space products is growing, […]

Report: Pentagon Considers Major COCOM Shakeup

DoD Buzz — Defense News is reporting that Pentagon leaders are discussing the possibility of rearranging its geographical combatant commands in response to continued budget pressures and Defense Secretary Chuck Hagel’s order to cut headquarters staffing by 20 percent. Military officials have discussed closing U.S. Africa Command; combining U.S. Southern Command and U.S. Northern Command […]

Few Suitors to Build a New Marine One

New York Times — Wanting to clamp down on wasteful spending, President Obama halted a project to create new presidential helicopters four years ago, saying its soaring price was a symbol of government contracting “gone amok.” But to the administration’s surprise, a new competition to build the helicopters much more cheaply is also running into […]

Defense firms weathering budget cuts more easily than expected

Wall Street Journal — Big defense contractors are weathering the federal budget sequester far more easily than they projected, in part because they have gradually eliminated jobs over the past few years in anticipation of spending cuts. Bethesda-based Lockheed Mar­tin, the world’s largest defense contractor, reported Tuesday that its profit rose 10 percent, to $859 […]