Spending caps set under the Fiscal Responsibility Act shaved around two percent from the topline of the Air Force’s planned fiscal 2025 budget, and that reduction will have an outsized impact given constraints on what accounts can bear the cuts, Air Force acquisition executive Andrew ...
For all of its brief existence, the Space Force has enjoyed sizable budget boosts every year as the service grew, expanded, and took on new missions. But with Congress struggling to pass a 2024 budget five months into the fiscal year, the threat of sequestration cuts ...
Rumored cuts to the F-35 from the fiscal 2025 defense budget—six from Air Force plans—would not be offset by recent Foreign Military Sales, and will disrupt ongoing Lot 19 negotiations, Pentagon and industry sources said.