U.S. Defense Budget Request Delayed
As a result of the U.S. government shutdown, the U.S. defense budget will not be released next week as planned. Despite the fact that the 2019 defense budget was passed …
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Trump Opens the Door to Defense Spending Cuts as Sequestration Looms
by Shaun McDougall, Military Markets Analyst, Forecast International. President Donald Trump has called on department secretaries to deliver 5 percent cuts for their upcoming FY20 budget requests, opening the door for a …
Read MoreLockheed Martin Adapts to the New Defense World Order
by Richard Pettibone, Forecast International. As the world’s largest defense contractor, Lockheed Martin has been restructuring its operations to deal with a global defense downturn and the effects of sequestration …
Read MoreU.S. House Budget Resolution Uses OCO Account as Back Door to Boost Defense Spending
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 …
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