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Budget Crisis May Portend Smaller Navy Carrier Fleet

A potential funding shortage of $8.6 billion over the remainder of this fiscal year has prompted Navy leaders to call off the deployment of one aircraft carrier and delay the overhaul and refueling of another.

In the News

Military Health Care Endangered by Cuts, Pentagon Says

The Pentagon “might not have enough funds” to pay for its health-care system under automatic spending cuts set to take effect March 1, according to Deputy Defense Secretary Ashton Carter/.../

In the News

Military Warns Cuts Would Create ‘Hollow Force’ Akin To 1970s

The U.S. armed services, widely recognized as the world’s most ready and mobile military, is painting a picture of itself as a stagnant force trapped at home under automatic spending cuts just three weeks away/.../

In the News

U.S. Sets Timing of 2014 DoD Budget

The White House is preparing to submit top line budget proposals to Congress in mid-March with more detailed documentation to follow later that month, Defense News has learned.