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Defense Budget Alert

July 22, 2011 | Daily News

The Pentagon is conducting an audit of the $154 billion in efficiencies the military services and defense agencies identified last year and factored into their current five-year spending plans, a bid to track whether savings are materializing as originally forecast, according to defense officials.

July 15, 2011 | Inside the Navy
The Navy will have to accept "increased risk" in the coming years due to growing fiscal pressures, and one of the service's top challenges will be to balance procurement while dealing with rising operations and manpower costs, according to a memorandum the service sent to Defense Secretary Leon Panetta.
July 14, 2011 | Daily News

The Pentagon is looking at cuts much deeper than the $400 billion President Obama seeks to strip from security spending over the next decade, Vice Chairman of the Joint Chiefs of Staff Gen. James Cartwright said today.

July 14, 2011 | Inside the Pentagon

The services are running budget-cutting drills to determine how they might slash tens of billions of dollars over the next few years as the Pentagon works against the clock to implement the president's goal of axing hundreds of billions over the next decade.

July 14, 2011 | Inside the Pentagon

The Pentagon could be forced to audit its books as soon as this year under a provision that passed the House as part of the fiscal year 2012 defense appropriations bill.

July 11, 2011 | Daily News

Defense Secretary Leon Panetta wants to draw up a new vision of the U.S. military sustained by a leaner budget and has directed the Pentagon to "engage" with the White House Office of Management and Budget on an approach to cutting nearly $400 billion from planned spending while protecting national security.

July 07, 2011 | Daily News

The Defense Department's five-year planning blueprint is $64 billion shy of what DOD needs to keep pace with recent rising trends in costs for weapons systems, health care services and operations and support activities, a 2 percent hole in the Pentagon's projected $2.8 trillion spending plan, a senior congressional budget analyst said today.

July 07, 2011 | Daily News

The Pentagon must quickly complete its strategy for slashing security spending by hundreds of billions of dollars over the next decade to inform Washington's fast-paced talks on budget cuts, the military's top officer said today.

"We've worked it very hard in terms of the overall strategy," Chairman of the Joint Chiefs of Staff Adm. Michael Mullen said. "We're pretty far along." But he cautioned the Defense Department is running out of time to complete the work.

July 07, 2011 | Inside the Pentagon

The Defense Department is asking Congress to approve the transfer of $372 million in the next few months to buy replacements for missiles, ammunition and towed decoys used in the military intervention in Libya.

July 06, 2011 | Daily News

(Editor's Note: This story was updated at 5:30 p.m. to reflect a portion of the reprogramming overlooked in the original version -- the Pentagon's request to shift $66.3 million from the F-22A program into the JSF program.)

Cost growth in the Joint Strike Fighter program could soak up $85 million appropriated as incentive fees for prime contractor Lockheed Martin and $112 million in cost savings freed up earlier this year by three other aircraft programs, according to Defense Department budget documents.

July 05, 2011 | Daily News

The Defense Department is asking Congress to shift $6 billion in fiscal year 2011 to support higher priorities and unfunded requirements, including the F-35 Joint Strike Fighter program's cost increases and new initiatives for communications, vehicles and aircraft.

June 30, 2011 | Inside the Pentagon

Lawmakers are urging the Defense Department to get a better grip on the operating-and-support costs for major weapons, which can account for as much as 70 percent of the total life-cycle cost of the systems.

June 30, 2011 | Inside the Pentagon

The Pentagon can sidestep certain statutory requirements designed to target program cost-growth only if the department determines that a program's costs would not have increased dramatically were it not for changes in quantity, according to legislation proposed by a Senate panel.

June 30, 2011 | Inside the Pentagon

Senate authorizers have proposed cutting the Defense Advanced Research Projects Agency's $3 billion budget request by $150 million, griping the agency has been focused on overly ambitious initiatives and has failed to fully flesh out programs.

June 30, 2011 | Inside the Pentagon

Senate authorizers have stripped $129.1 million from operations and maintenance accounts for the military intelligence program, claiming that the Defense Department did not consider all possibilities in its quest to find efficiencies in this arena.

June 30, 2011 | Inside the Pentagon

Senate authorizers want to cut the Pentagon's fiscal year 2012 budget request for contract services by $1.1 billion.

June 28, 2011 | Daily News

(Editor's note: This story was updated on June 30 to include the comments of a Pentagon spokeswoman who confirmed that Kendall's guidance introduces a new step in the Defense Department's milestone-review process.)

The Pentagon's No. 2 acquisition executive has issued a new policy designed to give defense officials charged with overseeing procurement efforts more opportunities to review and adjust programs during milestone reviews.

June 23, 2011 | Inside the Pentagon

Senate authorizers approved the Pentagon's request to eliminate certification requirements when weapons programs' costs exceed their baseline estimates due to changes in quantity, but the lawmakers tightened up language to prevent wiggle room, according to a congressional source.

June 23, 2011 | Inside the Pentagon

Congressional defense committees are at odds over a Pentagon proposal to create a new $200 million fund for urgent needs on the battlefield.

June 17, 2011 | Daily News

The chairman of the Senate Armed Services Committee today backed allegations that the House Armed Services Committee has inserted earmarks into its version of the fiscal year 2012 defense authorization bill.

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