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 News by Topics: Budget

  1. House Panel Denies $442M of $9.6B DoD Reprogramming

    A powerful US House oversight panel has rejected a Pentagon request to shift more than $442 million within its 2013 budget.

    • Jun. 10, 2013

  2. UK Says Agency Could Save $311M on Single-Source Deals

    Britain's Ministry of Defence reckons it can save £200 million (US $311.1 million) a year by setting up an independent procurement body to oversee single-source contracts awarded to industry.

    • Jun. 10, 2013
  3. President Barack Obama Getty Images

    Hope Fades for 'Grand Bargain' to Avoid Sequester

    Pro-military House Republicans and Barack Obama, the Democratic president with whom they so often are at odds, have something in common after all. Neither side appears interested in voiding deep cuts to planned Pentagon spending in fiscal 2014.

    • Jun. 10, 2013
  4. NATO Secretary General Anders Fogh Rasmussen speaks at a press conference June 5. NATO

    Report: NATO Paper Warns Of Military Shortfalls

    NATO's chief is worried that the alliance lacks military readiness in crucial areas and is urging European members to do more, Germany's Spiegel news weekly reported Sunday, citing an internal document.

    • Jun. 9, 2013

  5. Denel Sees High-Tech Opportunities in Developing Countries

    South African arms manufacturer Denel Dynamics says it is working toward producing a family of surface-to-air and air-to-air defense missiles amid a larger push to expand collaboration with nations in South America, Asia, the Middle East and elsewhere in

    • Jun. 6, 2013

  6. HASC Approves 2014 NDAA, Ignores Next Sequestration Round

    The House Armed Services Committee has approved a 2014 defense authorization bill that largely adopts the Obama administration's Pentagon buying plans and ignores the next year of sequestration.

    • Jun. 6, 2013

  7. DoD Looking at Sequestration Impact to 2014 Budget

    Pentagon officials in the coming weeks will examine how to modify the US Defense Department's 2014 budget proposal if sequestration spending caps remain in place.

    • Jun. 5, 2013
  8. An F-35B flies over Edwards Air Force Base, Calif., in March. Lockheed Martin

    House Panel Kills Proposal To Freeze F-35 Procurement Funds

    A key House panel on Wednesday gave a needed endorsement to the embattled F-35 fighter program, killing a measure that would have slapped restrictions on its budget.

    • Jun. 5, 2013
  9. Rep. Randy Forbes, R-Va., House Armed Services Committee seapower and projection forces subcommittee chairman, offered an amendment to the 2014 defense authorization bill expressing 'significant concerns' about the LCS program. Alex Wong / Getty Images

    US Panel Raises New LCS, Naval Fleet Size Concerns

    The US House Armed Services Committee is raising new concerns about the Littoral Combat Ship program and is urging the Navy to spend more annually on new ships.

    • Jun. 5, 2013

  10. Aide: House Approps Bill Has Funds for US East Coast Missile Site

    A US House subcommittee wants to give the Pentagon $70 million next year to begin construction of a controversial missile shield, moving it one step closer to becoming reality.

    • Jun. 5, 2013

  11. India's Move To Expand Local Firms' Role in Defense Falters

    Two Indian companies have declined to participate in a US $1 billion tender to supply quick reaction surface-to-air missiles (QRSAMs), dealing a setback to efforts to expand domestic involvement in big-ticket defense projects.

    • Jun. 5, 2013

  12. HASC to Air Force: Craft Predator-to-Reaper Transition Plan

    The US House Armed Services Committee is pressing the Air Force to spell out how it intends to replace the National Guard's MQ-1 Predator aircraft with newer MQ-9 Reapers.

    • Jun. 5, 2013

  13. Poland To Acquire Middle-Range Missile Systems

    The Polish Ministry of Defense is aiming to purchase middle-range anti-aircraft and anti-missile systems, the ministry's Armament Inspectorate said in a statement.

    • Jun. 5, 2013

  14. US House Panel Would Inflate War Funding To Improve Readiness

    The US House Armed Services Committee wants to boost Pentagon war funding for 2014 by $5 billion, aiming to boost military readiness.

    • Jun. 4, 2013

  15. House Defense Appropriators Slash Obama's DoD Budget Request

    A US House panel dominated by pro-military Republicans has approved a 2014 spending bill that would give the Pentagon more than $3 billion less than President Barack Obama is seeking.

    • Jun. 4, 2013

  16. USAF Commission Holds First Public Meeting

    Old Issues Resurface as Commission Studies Future of the Service

    • Jun. 4, 2013

  17. US Intel Community Turning to Commercial Companies for R&D

    With pressure on US defense contractors to cut costs and government research-and-development (R&D) spending facing new budget realities, the intelligence community is increasingly leaning on commercial companies to provide needed R&D, moving away from pas

    • Jun. 3, 2013

  18. Analysts: Procurement Funds 'Will Dry Up' if Personnel, Base Costs Unchecked

    Congress and the Pentagon must substantially slow skyrocketing military personnel and infrastructure costs or the Defense Department's procurement accounts will suffer deep cuts, say more than two dozen analysts.

    • Jun. 3, 2013

  19. McKeon's Defense Authorization Plan Doesn't Solve Thorny Issues

    Don't expect clear resolutions to several politically thorny issues when you dive into the version of a Pentagon policy bill unveiled on Monday by US House Armed Services Committee Chairman Rep. Howard 'Buck' McKeon.

    • Jun. 3, 2013

  20. Germany's De Maiziere To Face Deputies over 'Drone Debacle'

    A simmering election-year scandal around German Chancellor Angela Merkel's defense minister over a botched drone deal threatens to boil over this week when he testifies before lawmakers.

    • Jun. 3, 2013
  21. Defense Secretary Chuck Hagel meets with the media at the Pentagon earlier this year. Thomas Brown / Staff file photo

    Pentagon, Regional Staffs Growing Despite Orders to Trim Personnel

    The size of the Pentagon's vast oversight organizations grew by more than 15 percent from 2010 to 2012, despite efforts to pare down the US Defense Department's bureaucracy, a Defense News analysis has found.

    • Jun. 2, 2013

  22. Italy Marks Republic Day With Low-Cost Military Parade

    Rome's annual military parade to mark Republic Day was given an austerity make-over on Sunday, proceeding without the usual spectacular air shows or tank displays in a sign of the times in recession-hit Italy.

    • Jun. 2, 2013
  23. Defense Secretary Chuck Hagel has ordered his undersecretaries to find excess and waste within the Department of Defense as part of his quest to reduce overhead. AFP via Getty Images

    Pentagon Targets Overhead Spending

    US Defense Secretary Chuck Hagel wants to trim the fat across the Defense Department, and he's starting with his office at the Pentagon.

    • Jun. 2, 2013

  24. Pakistan AF's modernization crippled by years of budget woes

    According to a report by the Senate's standing committee on defense released Thursday, the Pakistan Air Force has suspended its upgrade and development plan due to a lack of funds.

    • Jun. 1, 2013

  25. Amid Sequester, US Defense Stocks Still Surge

    Signs of the automatic budget cuts known as sequestration are everywhere in Washington, but on Wall Street it's a different story.

    • Jun. 1, 2013

  26. UK Pursues Another Big Privatization Plan for MoD

    The final stage in transforming how Britain's Defence Ministry manages everything from its naval bases to accommodations and catering is set to kick off this month, as industry submits final bids to become the Defence Infrastructure Organisation's (DIO) s

    • Jun. 1, 2013

  27. Over 120 lawmakers to Army: Reverse Abrams tank plans

    More than 120 U.S. lawmakers are urging Army brass to reverse a plan under which the service would stop buying Abrams tanks for three years.

    • May. 30, 2013

  28. FY15 Guidance Takes Sequester Into Account

    After years of not preparing for mandated sequestration spending cuts, the Pentagon is now incorporating different levels of budget reductions in its future planning.

    • May. 30, 2013

  29. 'Vibrant' MoD Among Quilter's Goals

    A. I would use 'priorities' instead of 'challenges,' and my first priority was to get to know the people working in the ministry.

    • May. 30, 2013

  30. India Reissues Tender for 100 Armored Personnel Carriers

    The Indian Defence Ministry has reissued a tender to buy 100 armored personnel carriers (APCs), slightly easing the requirements from 2009's failed tender.

    • May. 29, 2013
  31. Lean Maintenance: A US-based consulting firm said it could save Israel millions of shekels annually on maintenance, but officers say the plan actually raised costs. Here, a mechanic performs maintenance on an Israeli F-16. Israel Defense Forces

    Israel's Efficiency Contract Under Fire

    Israel’s Defense Ministry is slightly ahead of schedule in a 10-year government-mandated plan to save 30 billion shekels (US $8.4 billion) through 2017, but no thanks, uniformed officers say, to the ministry’s high-priced contract with an international consulting firm.

    • May. 23, 2013
  32. Rep. Loretta Sanchez, D-Calif., speaks at an event in 2012 in Washington, D.C. Sanchez said she plans on killing a controversial missile defense program. Paul Morigi/Getty Images

    Rep. Sanchez: I'm Coming To End MEADS Program

    A feisty US House Armed Services Committee Democrat put supporters of a controversial missile defense program on notice Wednesday, saying bluntly she plans to finally kill it.

    • May. 22, 2013
  33. 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

  34. 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

  35. 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

  36. 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

  37. 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
  38. 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
  39. 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
  40. 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
  41. 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

  42. 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

  43. 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

  44. Licensing Issues Cancel German Euro Hawk Procurement

    Top Executive Confident Issues Fixable

    • May. 15, 2013

  45. 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

  46. 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

  47. 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

  48. 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
  49. 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
  50. 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
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