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Defense Budget Alert

August 04, 2011 | Daily News

Defense Secretary Leon Panetta argued today that a congressional supercommittee charged with proposing major deficit-reduction measures later this year should not recommend any cuts to the Defense Department's long-term budget.

"We're already taking our share of the discretionary cuts as part of this debt-ceiling agreement, and those are going to be tough enough," Panetta told reporters in his first press conference at the Pentagon. "But I think anything beyond that would damage our national defense."

August 04, 2011 | Inside the Pentagon

Congressional defense committees say it is too early to tell how the new debt agreement will affect fiscal year 2012 funding plans for the Pentagon, with authorizers and appropriators noting that any potential adjustments to plans will come after lawmakers return from the August recess.

August 03, 2011 | Daily News

This week's debt-ceiling deal has rendered obsolete long-term budget plans that the armed services submitted just days ago to Pentagon leaders while raising new questions about the magnitude of cuts facing the department in the next decade.

July 29, 2011 | Inside the Army

Army Vice
Chief of Staff Gen. Peter Chiarelli last week warned against possible cuts to
the Army's reset budget, saying reductions could affect the Army's long-term
readiness and ability to respond to future conflicts and evolving threats.

July 27, 2011 | Inside the Pentagon

A House panel
tasked with addressing the Pentagon's financial management challenges will hold
the first of many early Thursday morning hearings today in its quest to prepare
recommendations to ensure the Defense Department meets its September 2017 audit
readiness deadline.

July 26, 2011 | Daily News

While the services have been able to fulfill the needs of U.S. Central Command, which oversees operations in Afghanistan and Iraq, doing so has prevented the Defense Department from fully meeting the requirements of the other combatant commands, senior service officials told Congress today.

In addition, those senior officials acknowledged that cutting $400 billion from the defense budget would be a challenge, saying cuts above that level would require "fundamental" changes to the American military structure.

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.