WASHINGTON: The budget deal announced late last night is unmixed good news for the Defense Department, our sources say — for a year, at least, and if it actually passes the ever-more-erratic House of Representatives. “This ‘October Surprise’ is a better deal for defense than I expected,” said one of Washington’s leading budget experts, Todd… Keep reading →

Updated with Loren Thompson & Byron Callan comment WASHINGTON: Rep. Kevin McCarthy’s sudden exit from the House Speaker race raises the chance of a fiscal disaster — but it also raises the odds of a desperate budget deal. Both extremes just got more likely. Ironically, this deepening leadership void elevates the role of Rep. John… Keep reading →

WASHINGTON: Nuclear weapons are expensive. So are the bombers, missiles, and submarines used to deliver them. But in the context of total defense spending, budget guru Todd Harrison argues, they’re a relatively affordable — and strategically critical — part of our armed forces. Even a package of radical cuts to nuclear forces — reducing submarines… Keep reading →

CAPITOL HILL: Chairmen of the House and Senate Armed Services committees take pride in the fact their panels have gotten 53 annual defense bills in a row through the often tortuous negotiations required to clear Congress. And Sen. John McCain, chairman of the Senate Armed Services Committee, has often made known his view that the… Keep reading →

http://youtu.be/H-vkdUBNOOc It will be one of the great weapons competitions of the 21st century. Northrop Grumman is competing against a team of Boeing and Lockheed Martin to build the Long Range Strike Bomber. The company has also created design teams to work on so-called sixth generation fighters for the Air Force and the Navy. With… Keep reading →

UPDATED: AEI’s Eaglen Argues Mini Budget Deal Likely DSAN DIEGO: The day after an election should be about hope. It should be — except maybe for the losers — a time to celebrate possibilities. Well, so much for the couple of hours of slumbering hope we all had after going to bed late last night. Frank… Keep reading →

UPDATED: Former Defense OMB Head Begs To Differ On Estimates CORRECTED Adams’ Estimate Is For A Year, Not A Month WASHINGTON: The Pentagon has been pegging the operations against the terror group known as ISIL at $7 million to $10 million a day. If you extrapolate that across a year it comes very close to… Keep reading →

WASHINGTON: It won’t happen tomorrow, but the Pentagon may have to start eating its young to pay for two of the most expensive weapons in US history: the Air Force’s Long Range Strike bomber and the Navy’s replacement for the Ohio class nuclear missile submarine. That’s the estimation of Todd Harrison, the top budget expert… Keep reading →

WASHINGTON:  US operations against the Islamic State of Iraq and the Levant (or whatever we’re calling it these days) have probably cost the country about $100 million so far, according to one of the top defense budget experts. “t’s difficult to come up with a precise estimate for what current operations in Iraq are costing… Keep reading →

KINGS BAY NAVAL SUBMARINE BASE, GEORGIA: Defense Secretary Chuck Hagel came here Wednesday to celebrate the Navy’s nuclear deterrence force. But just 20 minutes in, a petty officer second class stood up in front of almost 200 of his comrades and pointed out the $95 billion elephant in the room: Can the Navy afford to… Keep reading →