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Quest for More Lethal U.S. Warship Could Raise Cost

Defense Secretary Chuck Hagel's decision to stop building the current class of coastal warships after 32 vessels and focus on ships with more firepower and protection will result in higher costs, U.S. defense officials said on Monday.

In the News

Sources: Obama Administration To Slow Special Ops Funding

The Obama administration is poised to scale back funding for the US military’s most elite forces, which spearheaded the fight against al-Qaida and embodied the Pentagon’s rapid post-9/11 budget growth.

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What You Need to Know About the Next Defense Budget

The Pentagon's overseas contingency operations account, which has been tacked onto the budget for years to fund the wars in Iraq and Afghanistan, could serve as a budget gimmick.