Forecast International is pleased to announce the launch of a newly enhanced U.S. Defense Budget Forecast database, now featuring the ability to track major program spending and identify winners and losers within every Pentagon budget request. FI’s budget database provides quick access to DoD request and forecast budget data, justification documents, congressional markups, and more. The Pentagon’s massive weapons spending plan can be sorted by value, with options for filtering programs by appropriation title (R1/P1), service, and appropriation account. Continue reading
U.S. lawmakers released an omnibus appropriations bill on December 16, 2015. The legislation was passed by Congress and signed into law on December 18. The bill provides $514.1 billion in base discretionary funding for the Department of Defense, $12.8 billion below the request. This cut is partially offset by a $7.7 billion increase in the Overseas Contingency Operations account, which totals $58.6 billion. Overall, the Pentagon saw a net funding reduction of $5.1 billion, but the amount provided is still $18.7 billion more than FY15 enacted levels. Continue reading
The U.S. Air Force has recently appeared more open to the idea of developing a future close air support aircraft to replace the legacy A-10, despite ongoing efforts to retire that very aircraft to save money. Air Combat Command’s 2015 strategy document, unveiled this month, recommends keeping the door open for a new dedicated CAS aircraft. “We must also continue to develop a balanced close air support (CAS) capability across all [Global Precision Attack] platforms, explore opportunities for a future CAS platform, and enact specific initiatives to ensure we maintain a CAS culture throughout the [Combat Air Force],” the strategy document reads. Furthermore, when asked earlier this year about the possibility of eventually fielding a new dedicated CAS aircraft, ACC Commander Gen. Hawk Carlisle told reporters at the Air Force Association Air Warfare symposium, “We’re thinking about it.” Continue reading
by Shaun McDougall, Forecast International.
U.S. House Republicans have proposed an FY16 budget plan that would allow the Pentagon to sidestep sequestration spending caps by adding $39 billion to the Overseas Contingency Operations account. There are aspects of the budget plan that will upset both Democrats and Republican deficit hawks, however, meaning the proposed blueprint is essentially dead-on-arrival.