The F-35 Joint Strike Fighter program is poised for a boost in 2019, as two U.S. congressional defense panels have signed off on additional aircraft for the Department of Defense. Precisely how many additional aircraft each service will receive must be ironed out in conference committee. This plus-up contrasts with the House and Senate Armed Services Committees, both of which expressed concern about the F-35 production ramp-up. 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.