The Department of Defense is requesting more funding for the Air Force than the Army in fiscal year 2025, a potential landmark in the Pentagon’s pivot toward the Indo-Pacific and great power competition with China. In its budget request released March 11, DOD announced it is ...
Ahead of the Pentagon’s fiscal 2025 budget rollout March 11, Department of the Air Force leaders warned of a “unsatisfying,” “difficult,” and “resource-constrained” request that had to be adjusted due to spending caps—with particular concern for the still-growing Space Force.
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.
The Space Force is projecting budget reductions in the next few years—the first such cuts since the service was established in late 2019, according to a recently publicized report to Congress. Whether such reductions will actually come to pass remains uncertain.