Page 12 - Future Years Defense Program News Today

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Written by GaryECRIs WLI growth rate continues to slow and Michigan consumer sentiment improved (SPY -0.1%). Biggest midday movers: Chewy, Biogen, Snowflake.

  making investments to ensure future power and energy needs are met by exploring improvements in silicon anode technologies to support lightweight battery prototype development. Today, the Defense Department released the Strategic and Critical Materials 100-day Sector Review, as directed by Executive Order 14017. Secretary of Defense Lloyd J. Austin III released the following statement: “Strategic and critical materials are vital to our national defense and economic prosperity, enabling the...

‘RALLY THE WORLD'S DEMOCRACIES’: President Joe Biden departs this morning on the first overseas trip of his term, which begins with a meeting of G-7 ministers in Cornwall, includes a NATO summit in Brussels, and ends with a face-to-face meeting with Russian President Vladimir Putin in Geneva.

The Navy is keeping classified the amount of Fiscal Year 2022 money it wants to develop the next-generation fighter aircraft set to replace the fleet of F/A-18E/F Super Hornets, according to service budget documents. The Navy’s FY 2022 budget justification documents withhold the amount of dollars the service is putting toward the Next Generation Air […]

THE PENTAGON – The Defense Department is making cuts to legacy ships and aircraft across the Navy and Air Force and reducing end strength across the force as part of its Fiscal Year 2022 budget, the department announced on Friday. The $715 billion outlay – largely flat after inflation compared to FY 21 – cuts […]

USNI News Congressional Budget Office Primer on U.S. Military’s Force Structure May 21, 2021 11:09 AM The following is the May 2021 Congressional Budget Office report, The U.S. Military’s Force Structure: A Primer, 2021 Update From the report To increase understanding of the choices that the nation faces when considering the defense budget, the Congressional Budget Office has updated its 2016 primer on the structure of the armed forces. This updated version is based on the spending plans a...

Full FY22 budget coming May 27 5 hours ago It is expected the Pentagon will seek to retire older systems to free up funding in its budget request. (Alex Wong/Getty Images) WASHINGTON — President Joe Biden’s first full budget request, including long-awaited details about the Pentagon, will be released May 27, the White House announced Thursday. The administration announced in early April that the fiscal 2022 budget request asks for $753 billion in national security funding, including $7...

Who else will be there: Testifying alongside Miller on Wednesday will be former acting Attorney General Jeffrey Rosen and D.C. Police Chief Robert Contee. In his testimony, Rosen will similarly defend preparations ahead of the attack, according to a copy of remarks obtained by The Hill. Rosen’s defense: “I believe that DOJ [Department of Justice] reasonably prepared for contingencies ahead of January 6, understanding that there was considerable uncertainty as to how many people would arriv...

Jack Reed vows to get defense budget done despite delays from the White House Jamie McIntyre BUDGET CRUNCH, ‘HARD CHOICES’: Senate Armed Services Committee Chairman Jack Reed, a Rhode Island Democrat, says he and the committee’s top Republican, Sen. Jim Inhofe of Oklahoma, are hoping to finish work on the 2022 National Defense Authorization Act before the next fiscal year starts, despite a late start forced by the late budget submission by the White House. “Both Sen. I...