Ryan McCarthy, secretary of the U.S. Army and a 2020 Wash100 Award winner, said the service intends to find $10 billion more in savings in 2022 through a “night court” process as it seeks to free up funds for modernization priorities and expects to make harder decisions in 2023.
Read More »Rep. Mac Thornberry Introduces DoD Acquisition Reform Expansion Bill
Rep. Mac Thornberry (R-Texas), ranking member of the House Armed Services Committee, on Thursday introduced a bill aimed at expanding acquisition reform efforts in the Department of Defense.
Read More »Ryan McCarthy: Army Needs Topline Growth of 3% to 5% in Future Budgets
Ryan McCarthy, secretary of the U.S. Army and a 2020 Wash100 Award winner, said the military branch is on its way to a “collision course” if it fails to get a topline growth of 3 to 5 percent in its future budgets, Defense News reported Wednesday.
Read More »Army Saves $1.2B After Budget Reinvestment Effort; Ryan McCarthy Quoted
The U.S. Army has saved over $1.2 billion after cutting legacy programs to shift focus into addressing top modernization goals.
Read More »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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