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Tag Archives: Budget

HASC Chairman Adam Smith Proposes Smaller Space Armed Service

Rep. Adam Smith, D-Wash., who chairs the House Armed Services Committee, said during a meeting that HASC has agreed to vote for the authorization of a Space-focused service branch that won't necessarily be named the Space Force, Space News reported Monday. He spoke with other HASC officials on the establishment of what may instead become a Space Corps under the 2020 National Defense Authorization Act.

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House Committee Seeks Cybersecurity Verification to Address Navy’s Afloat Network Funds

The House Armed Services Committee intends to reduce the Navy's at-sea network funds if the secretary of defense does not confirm the service branch's compliance with certain cybersecurity recommendations, Fifth Domain reported Tuesday. The secretary must work with the Department of Defense's chief information officer to prove the compliance of the Consolidated Afloat Networks and Enterprise Services with a certain, classified inspector general report. 

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New Draft Bill Proposes $35M for 2020 Tech Modernization Fund

The House Appropriations Committee released a draft bill that allots $35 million for the 2020 Technology Modernization Fund, exhibiting a $10 million boost from 2019's TMF allotment, Nextgov reported Monday. The proposed amount under the Financial Services and General Government draft bill, however, is below the Trump Administration's requested budget of $150 million.

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Ryan McCarthy: Army to Shift $10B for Modernization Priorities

Army Undersecretary Ryan McCarthy said the service will reprogram $10 billion to fund other modernization priorities in its program objective memorandum for fiscal year 2021 through FY 2025, Defense News reported Friday. The service will free up funds through another round of a review process called “night court.” The Army announced that it used the process to shift up to $30 billion in funds toward other modernization initiatives in February.

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David Norquist: Potential Caps to Reprogrammed DoD Funds Would Drive ‘Significant Challenges’

David Norquist, acting deputy defense secretary and 2019 Wash100 Award recipient, said that Congress’ potential restrictions on the Department of Defense’s reprogramming authority for funding will pose “significant challenges” and obstruct efforts to address evolving needs, Defense News reported Thursday.

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CBO Predicts Pentagon May Spend More on Space Force Than Reported

The Congressional Budget Office estimates that the federal government may spend up to $3 billion in taxpayer money and add $1.3 billion to the Pentagon’s annual budget to establish and run President Trump’s proposed Space Force. The figure comes from CBO’s newly-released analysis of the personnel requirements and costs of proposed military space organizations. Defense officials have said the Space Force would cost nearly $2 billion over the next five years and require $500 million annually to operate. 

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Navy Leaders Discuss Budget, Readiness at 2019 Sea-Air-Space Expo

Rear Adm. John Nowell, the U.S. Navy’s director of military personnel plans and policy, said that the service’s biggest challenge in readiness is “maintaining a stable and predictable budget,” the Navy said Tuesday. Nowell noted during the recent Sea-Air-Space exposition in Maryland that his office is addressing the Navy’s gaps in readiness that were identified in fiscal 2018.

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IRS Releases Six-Year IT Modernization Plan

A recently released Internal Revenue Service report estimates that operations and maintenance costs for IRS information technology systems will reach $3 billion by fiscal 2026, Nextgov reported Monday. The six-year Integrated Business Modernization Plan released on Thursday states that the IRS spends over $2.2 billion to operate and maintain its systems every year.

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Boeing, Northrop to Compete for Air Force ICBM Production Phase

The U.S. Air Force intends to choose between Boeing and Northrop Grumman for the engineering and manufacturing phase of the service’s ground based strategic deterrent program that will begin in 2020, Defense News reported Thursday. The successful bidder will produce intercontinental ballistic missiles and related systems that are slated to be operational by the late 2020s.

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