Tag Archives: sequestration

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 […]

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 […]

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 […]

Welcome to sequester deadline week

Washington Post — The sequester is set to kick in on Friday, leaving Congress little time to prevent across-the-board spending cuts that would start this week and last until they’ve saved up to $1.2 trillion over 10 years. Democratic and Republican leaders are expected to introduce competing proposals this week that would replace the indiscriminate […]

Defense Cuts? Bring Them On

Aviation Week — Deep and long-term budget cuts could be the best thing to happen to the U.S. defense enterprise in decades. Austerity should enforce long-overdue change in the relative size and influence of air/space, land and sea forces. For the last decade of mostly land combat, the ground forces have dominated discussion of strategy, […]