The Conventional Prompt Strike program -- the Navy and Army project to field an intermediate-range offensive hypersonic weapon by 2025 and 2023 respectively -- remains "on track" despite a nearly 40% funding cut imposed a few weeks ago to the Navy's $1 billion request in the fiscal year 2021 defense appropriations bill, according to a senior Navy official.

The Defense Department has only obligated around 40% of the $3.6 billion in military construction funds former President Trump seized to build a wall on the U.S.-Mexico border, according to a government document, raising questions about how the new Biden administration, which has halted the wall project, could return the money to the Pentagon.