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Defense Budget Alert

December 14, 2012 | Inside the Army

Army officials are expected to decide by March what research
projects will benefit from a recent infusion of $50 million from Defense
Department coffers, according to a service spokesman.

December 12, 2012 | Daily News

As House and Senate conferees near an agreement on the fiscal year 2013 defense authorization bill, Defense Secretary Leon Panetta is making a final push to advocate changes the White House proposed earlier this year for both chambers' versions of the legislation.

December 06, 2012 | Inside the Pentagon

Improving the agility of the Defense Department's acquisition system over the next decade is the Pentagon's single biggest economic challenge, according to a DOD official charged with assessing the performance of major weapons programs.

December 04, 2012 | Daily News

A legislative provision adopted last week by the Senate calls on the Defense Department to provide a comprehensive accounting of the U.S. force posture in the Asia-Pacific region, calculate costs associated with executing the full range of planned missions there and conduct a risk assessment of its overall plans.

December 03, 2012 | Daily News

More than 100 defense industry leaders sent President Obama a letter today urging the administration and lawmakers to find an immediate solution to the budget crisis before sequestration takes effect early next year.

November 28, 2012 | Inside the Pentagon

The
Pentagon's decision to halt Defense Contract Audit Agency reviews of lower-cost
contracts will cost taxpayers nearly $250 million per year in lost potential
return on investment, the Defense Department inspector general contends in a
new report that has been strongly refuted by senior DOD officials.

November 27, 2012 | Daily News

The Navy is ill-equipped to handle a year-long continuing resolution -- especially if combined with sequestration, according to the service's chief of resources.

November 20, 2012 | Inside the Pentagon

The Navy and the Air Force have missed nearly half of their short-term audit-readiness deadlines over the past six months, but the Pentagon believes it is still on track to reach its upcoming goals, according to a new Defense Department report.

November 20, 2012 | Inside the Pentagon

The Marine Corps is poised to achieve a milestone in its quest to become audit ready, but on Capitol Hill there are concerns the service has lowered the bar after failing earlier to secure a favorable audit opinion.

November 20, 2012 | Daily News

The Defense Department ended fiscal year 2012 with $105.7 billion in unobligated funds, exposing modernization accounts to a larger portion of a potential $54.7 billion sequestration bill if lawmakers and the president do not agree to a long-term, deficit-reduction plan by Jan. 2.

November 09, 2012 | Inside the Army

The Army has saved nearly $500 million through the
implementation of information-technology reforms this year, according to the
service's chief information officer.

November 08, 2012 | Daily News

With lawmakers returning to Capitol Hill next week for the lame-duck session, the biggest advocacy groups for the U.S. military services are urging Congress to keep sequestration from being triggered in January.

November 05, 2012 | Daily News

The Pentagon will begin measuring the productivity of major defense acquisition programs, including the contractors that build big-ticket weapons and military organizations that oversee the purchases, Defense Department acquisition chief Frank Kendall said today.

October 26, 2012 | Inside the Army

The Ground Combat Vehicle, one of the Army's premier modernization efforts, is being targeted by Pentagon cost-cutters in ways that could lead to a broad program restructuring or force a down-select to a single contractor earlier than expected, Inside the Army has learned.

October 26, 2012 | Inside the Army

While great uncertainty continues to surround the issue of sequestration, the Army's program executive officer for ground combat systems said last week that the weapon systems under his purview might weather serious budget cuts better than others.

October 26, 2012 | Inside the Army

To better use modernization funding in an era of declining budgets, the service will push for greater alignment between its science and technology base and its programs of record, the Army's acquisition chief announced last week.

October 25, 2012 | Daily News

Uncertainty surrounding U.S. defense-spending levels in fiscal year 2013 and beyond is preventing the Pentagon from making key decisions about long-term strategy and investments, Defense Secretary Leon Panetta said today.

October 24, 2012 | Daily News

Lockheed Martin will issue WARN Act notices to employees impacted by sequestration should the measure take effect in the new year, the company's chief executive officer said today.

October 23, 2012 | Daily News

Senior leaders from the Army and Navy said yesterday that their services are already planning for sequestration or will soon begin doing so, but the Air Force has not started to plan and will not until formal guidance from the Office of Management and Budget is issued.

October 22, 2012 | Daily News

The Navy will start planning for across-the-board sequestration cuts in late November or early December if Congress has not moved to spare the military by then, the vice chief of naval operations said today.

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