The House Armed Services Committee will start to mark up the Obama Administration’s $670.9 billion defense spending proposal for Fiscal 2012 next week, said Rep. Buck McKeon (R-Calif.), committee chairman, Thursday. The mark-ups will commence on May 4 when the subcommittees on emerging threats and capabilities; military personnel; strategic forces; and tactical air and land forces convene. On the following day, the subcommittees on readiness and on seapower and projection forces will take their turn to scrutinize the President’s proposal, which includes a $553.1 billion base request for the Pentagon and for Energy Department national security programs and then $117.8 billion for overseas contingency operations. The full committee will then come together on May 11 to complete the mark-up process.
The Air Force and Boeing agreed to a nearly $2.4 billion contract for a new lot of KC-46 aerial tankers on Nov. 21. The deal, announced by the Pentagon, is for 15 new aircraft in Lot 11 at a cost of $2.389 billion—some $159 million per tail.