No Sequestration Cuts This Year
The defense budget is expected to slightly decline through 2016 then gradually increase until 2021.
JSF Gun on Schedule says DoD
“Misreporting” is to blame for claims that the JSF gun would not be ready on schedule, in 2017, says a Pentagon spokesman. Testing begins this year.
Lockheed Hits JSF Target
Despite an up and down year, Lockheed delivered 36 F-35s to the Pentagon, making its 2014 target and retaining its sterling investment reputation into the future.
Senate Passes 2015 Spending Bill
The $1.1 trillion 2015 spending bill approved by the Senate over the weekend funds most of the federal government through the next fiscal year.
Congress Agrees on Spending Bill
Lawmakers agreed on a spending bill that keeps the government funded but some Democrats now oppose the bill over modifications to a Wall Street reform law.
NDAA Deal Reduces Benefits
The pay and benefits cuts were backed by both the DoD and White House in an effort to slow the growth of personnel costs.
Ashton Carter Picked As Next DefSec
Ashton Carter tabbed as the next DefSec but the choice will not be immediately announced because the vetting process is not complete.
F-35 Scores Big Buy & Big Success
Superlative F-35 results from sea tests with the USS Nimitz precede a DoD award to Lockheed for 43 more JSFs for the US & 5 more countries.
Maryland UAS Test Site Gets FAA Clearance
The University of Maryland’s Unmanned Aircraft Systems (UAS) Test Site in California, MD received a Certificate of from the FAA to fly the Talon 240 UAV.
Hagel Pushes BRAC and Benefit Cuts
Mr. Hagel wants a new round of military base closures (BRAC) and to limit troop benefits to give the DoD flexibility in addressing its budget problems.
