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 News by Topics: Budget

  1. Philippine President Benigno Aquino, second from right, walks past marine troops during the anniversary celebration of the navy at Fort San Felipe, in Cavite city, southwest of Manila on May 21. Aquino said the Philippines will spend US $1.82 billion in the next five years to boost its capability to fight off 'bullies' intruding in its territorial waters. Ted Aljibe/AFP

    Philippines To Spend $1.8B on Defense To Resist 'Bullies'

    Philippine President Benigno Aquino on Tuesday announced a $1.8-billion military upgrade to help defend his country's maritime territory against 'bullies' amid an ever-worsening dispute with China.

    • May. 21, 2013
  2. House Subcommittee Supports Raising Carrier Cost Cap

    In its first swipe at the 2013 defense authorization bill, the House Seapower subcommittee approved a new cost cap for the US Navy's Gerald R. Ford aircraft carrier, and rejected again a service request to decommission nine ships as an economy measure.

    • May. 21, 2013
  3. No Mention of East Coast Missile Site in US House Panel Bill

    The first portion of a major Pentagon policy bill unveiled Tuesday by a key House committee excludes any mention of a controversial East Coast missile shield proposal.

    • May. 21, 2013
  4. Pentagon Wants $79.4B for Afghanistan in 2014

    The Pentagon has asked Congress to approve $79.4 billion for combat operations in Afghanistan in 2014 .

    • May. 20, 2013
  5. A new laser version of the Hammer air-to-ground modular weapon system made by Sagem was approved after only three live firings. killersurprise64 via Wikimedia Commons

    French Industry Focuses on Costs

    The French defense industry — facing a global marketplace where major spenders are confronting budget uncertainty and emerging markets are swarmed by companies aggressively competing for any growth opportunity — appears to be turning to an old environment

    • May. 20, 2013
  6. Italian Navy Chief Proposes New Dual-Use Vessel

    As warships get sleeker and stealthier, the head of the Italian Navy wants to buck the trend and plan a one-size-fits-all warship that will be cheap, roomy and dual use, even making space for containers on deck.

    • May. 20, 2013
  7. US Defense Secretary Chuck Hagel's Strategic Choices and Management Review is due May 31. Agence France-Presse

    DoD Examines 3 Budget-Cut Scenarios

    Senior US Defense Department officials are expected to present three budget-cutting scenarios to the defense secretary when they wrap up a wide-ranging review of military strategy at the end of this month, according to sources.

    • May. 19, 2013
  8. Vietnam has procured six new conventional Kilo-class submarines from Russia. Here, the Russian Navy's Kilo-class sub Lipetsk is docked in Severomorsk, Russia. Agence France-Presse

    Asia's Naval Procurement Sees Major Growth

    Asia-Pacific nations are modernizing their surface and underwater naval capabilities by buying stealthy warships, attack submarines, patrol vessels, sensors, radars, missiles and unmanned systems.

    • May. 19, 2013
  9. Derailing the 'Grand Bargain': US lawmakers on both sides believe the scandals enveloping the White House threaten President Barack Obama's and Capitol Hill's ability to come up with a deal to avoid the sequester. Agence France-Presse

    For Obama's Agenda, an 'October Surprise' in May

    A slew of politically charged scandals threatens to derail a sweeping fiscal deal with Senate Republicans that would address sequestration's defense budget cuts.

    • May. 18, 2013
  10. Australia One Step Nearer to Acquiring Triton UAV

    The acquisition of Northrop Grumman's MQ-4C Triton unmanned air vehicle took a step closer yesterday with the Australian government announcement that it would issue a letter of request to the US for pricing and availability data.

    • May. 17, 2013
  11. NZ Budget Holds Steady, Air Force Gains

    New Zealand's spending on defense is little changed from the NZ $2.9 billion (then US $2.2 billion) for 2012-2013 to NZ $2.87 billion for 2013-2014.

    • May. 16, 2013
  12. Licensing Issues Cancel German Euro Hawk Procurement

    Top Executive Confident Issues Fixable

    • May. 15, 2013
  13. US House Democrats: Defense Sequester Hurting Economy

    Pentagon spending reductions are hurting the US economy more than other spending cuts mandated under sequestration, say House Democrats, who appear poised to inject such effects into the 2014 midterm election narrative.

    • May. 15, 2013
  14. Afghanistan overtaxes US contractors, IG finds

    Afghanistan has slapped US-funded contractors working on reconstruction efforts with nearly $1 billion in taxes since 2008, often in spite of clear tax exemption agreements, a government watchdog has found.

    • May. 14, 2013
  15. Netanyahu Reduces Defense Cuts by 1 Billion Shekels

    Israeli Prime Minister Benjamin Netanyahu urged his government to pass, by close of business Monday, a 2013-2014 budget that includes some US $14.7 billion in defense spending, nearly $1 billion less than 2012 levels but $280 million more than cuts prescribed by the Israeli Treasury.

    • May. 13, 2013
  16. Stimson Center: DoD Could Trim $1 Trillion Without Eroding Combat Power

    The Pentagon could save double the amount of cuts mandated under sequestration and avoid eroding its combat power, says a report released Monday.

    • May. 13, 2013
  17. US Sen.John McCain, R-Ariz., said he doubts a fiscal deal can be struck — or even a framework secured — before Congress' late-summer break. Saul Loeb/AFP

    'Fragile' Pursuit of a Grand Bargain

    The onetime target of early August for passing sweeping fiscal legislation that once filled US Senate corridors is slowly being replaced by a consensus that striking a 'grand bargain' could prove difficult.

    • May. 12, 2013
  18. Push for Consolidation: The French government wants Thales to buy shipbuilder DCNS, which produced the Horizon-class frigate Chevalier Paul. The ship contains radars built by Thales. DCNS

    Source: France Pushing for 2 Mega Deals

    France is looking to sell naval company DCNS to electronics specialist Thales and broker a partnership between Nexter and Krauss-Maffei Wegmann in a bid to beat a budget crunch and slim down the land weapons sector, a source briefed on the subject said.

    • May. 11, 2013
  19. Canada Renews Push To Buy 100 Specs Ops Vehicles

    Canada's special operations forces will try once again to purchase a new fleet of vehicles for long-range reconnaissance patrols and urban warfare.

    • May. 11, 2013
  20. The fast combat support ship Rainier, seen with the destroyer John S. McCain, is one of two large fleet support ships the Navy wants to take out of service as a budget reduction. MC3 Declan Barnes / Navy

    Little Change in New US Fleet Plan

    The U.S.

    • May. 10, 2013
  21. DoD Sets Up Institutes for Manufacturing

    The Pentagon will oversee two White House-backed manufacturing institutes, one focusing on digitizing the manufacturing process and another on producing lightweight, modern metals.

    • May. 10, 2013
  22. Lt. Gen. William Phillips is the top acquisition adviser to the secretary of the US Army. Phillips told a Senate budget panel that sequestration cuts are having a serious effect on all Army modernization programs, including the JLTV program. Defense News/File

    US Army May Push Back JLTV, Rethink Armed Aerial Scout Program

    The joint US Army/Marine Corps Joint Light Tactical Vehicle (JLTV) program may see its testing schedule pushed back by as much as four months by the end of this fiscal year, top Army leadership testified on Capitol Hill on May 8.

    • May. 9, 2013
  23. Industry Report: Increase DoD Buys From US Defense, Manufacturing Firms

    A new industry report warns of a coming U.S. national security crisis that could be spawned by a 'growing and dangerous' reliance on combat system components and raw materials purchased from foreign sources.

    • May. 8, 2013
  24. In Shift, Hill Dems Signal Green Light for East Coast Missile Shield

    Even congressional Democrats, typically less hawkish than their GOP cohorts, are beginning to talk about a proposed East Coast missile shield as if it's a done deal.

    • May. 8, 2013
  25. Sequester Changes Rules on DoD Contractor Background Reinvestigations

    Citing sequester and budget challenges, the arm of the Defense Department overseeing security clearances for contractors is cutting how much time people have to request so-called periodic reinvestigations.

    • May. 7, 2013
  26. DoD Wants Reprogramming Caps Changed

    The Pentagon wants Congress to give it more freedom to transfer money between accounts as it grapples with the fallout from federal spending cuts.

    • May. 7, 2013
  27. US Debt-Ceiling Fight Could Complicate 'Grand Bargain' Talks

    The White House and senior Republican lawmakers acknowledge they remain far apart on a 'grand bargain' fiscal deal to address the defense sequester cuts.

    • May. 7, 2013
  28. Top US Admiral Says Shift to Asia on Track Despite Budget Cuts

    Plans to expand the American naval presence in the Pacific with new ships and hi-tech weaponry will go ahead despite steep budget cuts, the US Navy's top officer said before a trip to the region.

    • May. 7, 2013
  29. USAF Budgets $841M For Tactical Missiles

    The US Air Force has requested $841 million in the fiscal 2014 budget for tactical missiles, a jump of nearly $200 million from proposed 2013 levels.

    • May. 7, 2013
  30. France Told To Cut Republican Guard

    In another sign of tough times in France, the government has been told to cut the size of the Republican Guard, the elite unit that provides the pomp and ceremony on state occasions.

    • May. 7, 2013
  31. U.S. and Afghan National Army soldiers are seen during a joint patrol in Afghanistan on April 18. MANJUNATH KIRAN/Manjunath Kiran / AFP via Getty Im

    DoD Halts Shifting War Money Into Base Budget

    For years, the Pentagon has been working to move funding from temporary war spending accounts into the base budget, particularly for brick-and-mortar efforts that were borne out of a decade of counterinsurgency fighting in Afghanistan and Iraq — and will

    • May. 6, 2013
  32. Sen. John McCain Getty Images via AFP

    Drones, Sequester Flexibility to Drive 2014 NDAA Debates

    US Lawmakers are expected to battle over armed drones, softening the blow of military budget cuts and a controversial missile defense shield as they craft Pentagon policy legislation for fiscal 2014.

    • May. 6, 2013
  33. Under Secretary of Defense (Comptroller) Robert F. Hale. Colin Kelly / Staff

    Interview: Robert Hale, Pentagon Comptroller

    With the uncertainty surrounding the US Defense Department's budget, it's no wonder Robert Hale, the Pentagon comptroller, has worked just about every day since January.

    • May. 6, 2013
  34. Details Leak on DoD's Budget Reprogramming

    Shipping $28 billion worth of equipment out of Afghanistan over the next year and a half won't be easy — or cheap.

    • May. 3, 2013
  35. Australia Sticks With JSF, Will Buy Growlers, New Subs

    Australia announced plans to purchase 12 new-build Boeing EA-18G Growler airborne electronic attack aircraft although it affirmed its commitment to the Joint Strike Fighter program.

    • May. 3, 2013
  36. SASC Leaders to Hagel: Give Us Your 2013 Sequestration Plan

    Two prominent US senators say there is 'no sign' Congress will pass the kind of sweeping fiscal bill that would void or lessen $500 billion in Pentagon cuts already being implemented.

    • May. 3, 2013
  37. Defense Industry Says Spending Cuts Lowering Job Gains

    Defense spending cuts are starting to take a toll on the economy, further slowing a sluggish jobs recovery.

    • May. 3, 2013
  38. Ready and Waiting: A French soldier deployed in Mali waits with a Milan anti-tank missile launcher near Diabaly in January. France is seeking a replacement for the Milans. Agence France-Presse

    US Pushing Hard To Sell Javelins to France

    The US joint venture that builds the Javelin anti-tank missile came through town recently to introduce a new senior executive, underscoring American industry's hot pursuit of a contract for a medium-range weapon for the French Army, sources briefed on the

    • May. 1, 2013
  39. House GOP Unveils Next Move on Controversial East Coast Missile Plan

    Sixteen US House Republicans say they will clear the Pentagon to begin building an East Coast missile shield, and are urging a key colleague to write the check.

    • Apr. 30, 2013
  40. Obama Eyes Way To Allow Enough Republicans to Vote for 'Grand Bargain'

    US President Barack Obama acknowledged Tuesday that political factors are complicating efforts to garner enough Republican votes to pass broad fiscal legislation that would void more military cuts.

    • Apr. 30, 2013
  41. France Plans Personnel Cuts, Slower Deliveries

    France will cut 24,000 civilian and military posts and slow down equipment deliveries in the coming years as it seeks to maintain a full spectrum of capabilities and to meet budgetary constraints, Defense Minister Jean-Yves Le Drian said April 29.

    • Apr. 29, 2013
  42. Pentagon Industrial Base Chief Predicts Pain

    We're from the government, and we're here to help. Except when we won't.

    • Apr. 29, 2013
  43. Suppliers Large and Small Storm Capitol Hill

    In the two weeks since the White House submitted its pre-sequester fiscal 2014 budget request to Congress, defense giants BAE Systems and General Dynamics have organized large groups of their suppliers to storm Capitol Hill to put a human face on the pote

    • Apr. 29, 2013
  44. European Officials Argue for Greater Military Convergence

    Speaking at an April 25 debate about the state of the world, a senior official made an impassioned plea for more convergence among European military forces while another was skeptical about the prospects for European defense cooperation and castigated Chi

    • Apr. 26, 2013
  45. France Sells Off 2.1 Percent EADS Stake to Investors

    The French state raised another $921 million (€707 million) from the sale of a 2.1 percent stake in EADS to investors, the economy ministry said in a statement.

    • Apr. 26, 2013
  46. UK Sets Framework To Outsource Procurement and Support

    The British government plans to hand over the first phase of a scheme to outsource the management of its £14 billion-a-year (U.S.

    • Apr. 25, 2013
  47. Sen. James Inhofe, R-Okla., said Senate Majority Leader Harry Reid's plan to use unspent war funds to delay pending federal equals 'cowardice.' Chip Somodevilla/Getty Images

    Inhofe to Reid: Using War Funds to Delay Cuts is 'Cowardice'

    Senators clash over majority leader's sequester measure.

    • Apr. 24, 2013
  48. Israel's Finance Minister Yair Lapid, leader of the Yesh Atid (There is a Future) party, listens April 21 during the weekly cabinet meeting in Jerusalem. Gali Tibbon / AFP pool

    Israel Braces for Defense Spending Slash

    Israel's Defense Ministry is maneuvering to blunt the force-damaging effects of proposed, government-wide spending cuts that threaten to slash the nation's shekel-based defense budget by nearly 10 percent through 2014.

    • Apr. 24, 2013
  49. Gen. Raymond Odierno, U.S. Army chief of staff, right, and Secretary of the Army John McHugh speak before the Senate Armed Services Committee on April 23 in Washington, D.C. Mark Wilson / Getty Images

    US Army Leaders Warned On War Funding

    Top US Army leadership told lawmakers Tuesday that they'll need three more years of supplemental war funding after the final US troops are withdrawn from Afghanistan to pay for massive postwar equipment reset activities.

    • Apr. 23, 2013
  50. Sequester is an Afterthought in '14 Negotiations

    After months of dire warnings and political theater, the first sequestration-era Pentagon budget plan has landed on Capitol Hill like a feather floating onto a soft mattress.

    • Apr. 21, 2013
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