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Defense Budget Alert

December 02, 2010 | Daily News

NEW YORK -- Air Force officials have found enough money to buy more cargo aircraft and stealthy cruise missiles through the use of more efficient acquisition practices implemented as part of a wider effort to wring billions of dollars from the Pentagon's procurement accounts.

David Van Buren, acting assistant secretary of the Air Force for acquisition, previewed some of the efficiencies service program managers have identified in recent months during a Dec. 1 presentation at an event organized by the investment bank Credit Suisse and Aviation Week.

December 02, 2010 | Daily News

NEW YORK -- The Defense Department is bracing for a directive to cut its fiscal year 2012 budget proposal and to forfeit to the federal treasury some portion of the $100 billion in efficiencies that Pentagon leaders originally hoped to reinvest in weapon system modernization accounts over the next five years, the U.S. military's No. 2 uniformed officer predicted today.

December 02, 2010 | Inside the Pentagon

The Marine Corps is struggling with "material weaknesses" that could hinder the service's financial reporting ability, according to a previously unreleased report by the Defense Department inspector general's office.

December 02, 2010 | Inside the Pentagon

The Pentagon comptroller's shop intends to start testing the Army's General Fund Enterprise Business System at three forts early next year as part of its long-term plan to achieve audit readiness.

December 02, 2010 | Inside the Pentagon

The Defense Department is pushing its employees to embrace and institutionalize financial improvement goals and processes, an effort that one congressman considers critical for DOD's long-term goal of achieving audit readiness.

December 02, 2010 | Inside the Pentagon

The Pentagon's acquisition directorate has issued further guidance to improve competition in Defense Department procurement programs.

December 02, 2010 | Inside the Pentagon

The Defense Department has proposed amending its acquisition rules to strongly encourage discussions with industry prior to making source-selection awards for procurements worth $100 million or more.

November 24, 2010 | Inside the Pentagon

Amid Pentagon concerns that the cost of using required accounting methods outweighs the benefits, two studies are examining more affordable ways to provide accounting information.

November 24, 2010 | Inside the Pentagon

Members of the Pentagon's audit advisory panel are urging the department not to issue an out-of-cycle opinion for an incomplete audit of the Marine Corps' statement of budgetary resources if the project is too time-consuming or costly.

November 23, 2010 | Daily News

The Pentagon is poised to hold another top-level meeting on the Joint Strike Fighter program to allow officials to weigh recommendations that will influence the funding for the multibillion-dollar effort in the Defense Department's fiscal year 2012 budget proposal, according to a senior Air Force official.

JSF program officials are expected to present revised F-35 delivery schedules, which could in turn influence decisions on whether the military needs to extend the lives of its legacy fighter force.

November 19, 2010 | Inside the Army

It is unclear
to what extent the Defense Department is thinking about how efforts to cut the
massive federal deficit might impact the defense industrial base, according to
Brett Lambert, the Pentagon's industrial policy director.

November 19, 2010 | Inside the Army

The
Republican poised to assume the chairmanship of the House Armed Services
Committee in the 112th Congress said last week that he agrees with Defense
Secretary Robert Gates' efficiency initiatives, but believes cutting the
defense budget portends "an America in decline."

November 18, 2010 | Inside the Pentagon

It is unclear to what extent the Defense Department is thinking about how efforts to cut the massive federal deficit might impact the defense industrial base, according to Brett Lambert, the Pentagon's industrial policy director.

November 18, 2010 | Inside the Pentagon

The Defense Department plans to fully comply with a congressional mandate to specify the amount of money it requests for procuring contract services in the fiscal year 2013 budget cycle -- three years after Capitol Hill's deadline, according to a Senate staffer.

November 18, 2010 | Inside the Pentagon

A survey of operational acquisition professionals and overseers released this week by the Professional Services Council raises concerns about the Pentagon's preference for cost-plus contracts.

November 18, 2010 | Inside the Pentagon

Two major Pentagon acquisition projects -- the Navy's Virginia-class submarine program and DOD's Chemical Demilitarization effort -- will require an additional $2.5 billion, according to a new government estimate, nudging upward the total price tag of the Defense Department's $1.6 trillion portfolio of major weapon systems in development.

November 18, 2010 | Inside the Pentagon

The Republican poised to assume the chairmanship of the House Armed Services Committee in the 112th Congress said this week that he agrees with Defense Secretary Robert Gates' efficiency initiatives, but believes cutting the defense budget portends "an America in decline."

November 16, 2010 | Daily News

Government-to-government sales of U.S. military equipment and security assistance totaled $31.6 billion in fiscal year 2010, according to the Defense Department, a 16 percent decline compared to 2009 but a mark likely to be surpassed in fiscal year 2011.

November 12, 2010 | Inside the Navy
The Navy is presenting to Defense Secretary Robert Gates its plan to find efficiencies within its budget, according to Undersecretary of the Navy Robert Work, who said that these presentations will continue through December.
November 10, 2010 | Daily News

A draft report by the co-chairs of a presidential commission on deficit reduction is calling for slashing Pentagon modernization accounts by $55 billion in 2015, a reduction that includes terminating marquee weapon system programs and diverting "efficiency" savings from spending on new ships and aircraft to decrease the deficit.

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