The U.S. Congress has passed legislation that delays the threatened automatic cuts in federal government spending by two months until March 1, sparing for now a $55 billion reduction in the Department of Defense (DOD) budget for the current fiscal year. That budget currently stands at $552 billion, after the Congress authorized the Fiscal Year 2013 spending bill late last month. The President signed the defense authorization bill on January 3.
United States Department of Defense
October 12, 2012 - 11:50am
A year after industry groups such as the Aerospace Industries Association started warning about the threatened U.S. government budget reductions known as “sequestration,” the White House has offered specifics about what the impact would be for the Department of Defense (DoD) and other federal agencies.
January 10, 2012 - 11:18pm
More than the usual number of reporters descended on the Pentagon January 5, hopeful of learning how, specifically, the Department of Defense will cull billions of dollars from its budget over the next decade. Would the troubled F-35 program be further restructured or reduced? Would the V-22 get clipped?
August 15, 2011 - 5:25am
Defense spending cuts of some $350 billion over the next decade contained in the new debt-limit legislation passed by the U.S. Congress correspond with the numbers expected from an earlier goal advanced by President Obama. But the Pentagon leadership described the potential of $600 billion more in automatic spending cuts as disastrous.
May 2, 2011 - 5:25am
President Obama outlined ambitious new goals for U.S. deficit reduction, including a call for growth in security spending to be held below inflation over the next 12 years. This amounts to a $400 billion cut over current plans. Fiscal hardliners have called for even greater cuts in defense spending–up to $1 trillion. While the Congress would probably not implement such drastic surgery, the outlook for defense spending in the U.S.
April 8, 2011 - 10:45am
The ongoing impasse in Washington over the Fiscal Year 2011 U.S. federal budget means that the Pentagon can spend only at 2010 budget levels and cannot start new programs. Meanwhile, it has submitted a budget request of $553 billion for 2012, compared with $548 billion requested for 2011. But the mood in Congress has swung in favor of serious efforts to cut deficit spending. The years of burgeoning defense budgets in the U.S.
February 24, 2011 - 11:30am
Some in the business aviation industry leave behind their families and jobs to serve in active war zones. In the continuing AIN series intended to recognize those in our community who defend the way of life we enjoy back home, senior editor David A. Lombardo spoke with DuPont Aviation standardization pilot Jason Strickland about his recent service in Iraq and Afghanistan. This is Stricklandπs story.
December 29, 2010 - 4:39am
Some in the business aviation industry leave behind their families and jobs to serve in active war zones. In the continuing AIN series intended to recognize those in our community who defend the way of life we continue to enjoy back home, senior editor David A. Lombardo spoke with Duncan Aviation airframe mechanic Derrick Buggi about his recent service in the Mid East. This is Buggi’s story.
December 1, 2010 - 6:05am
Andy Vaughan
Captain and A-10 Warthog pilot–Arkansas Air National Guard
AT-6 test and demonstration pilot Hawker Beechcraft
November 11, 2010 - 9:33am
Andy Vaughan
Captain and A-10 Warthog pilot–Arkansas Air National Guard
AT-6 test and demonstration pilot Hawker Beechcraft
