March 28, 2024

Where DoD Spends Its Defense Dollars

Defense Dollars

The Defense Department’s Office of Local Defense Community Cooperation’s latest report on where the Pentagon spends it defense dollars has Maryland in the No. 6 spot. According to the fiscal 2022 report, $26.4 billion was spent on defense contracts and personnel in the state. Virginia claimed the top spot on the list.

Report: Where Federal Defense Dollars Are Spent

Federal Defense Dollars

A Pew Charitable Trusts report on where federal defense dollars are spent shows Pentagon contract spending puts Connecticut at No. 1 by one measure: defense contracts as a percentage of spending. Maryland was 21st on the list. In FY2018, the federal government spent a total of $579 billion on defense in the states and DC, or $1,772 per capita. In Maryland, the per capita spending was $2,955.

Survey: US Needs a 400-Ship Navy

400-Ship Navy

A new study finds the US is woefully short of ships and even the current target goal of 355 ships is short of what the country needs. The study calls for a force of 400 ships.

Defense Spending Sees Largest Hike in 15 Yrs.

F-35

With the finalized $1.3 trillion budget deal at the close of last week, Congress gave the DoD its largest spending increase in 15 years.

What’s Next for Federal Contractors?

Trump Expected to Call for End to Ongoing US Wars Overseas

As the clock ticks down to the end of the Obama era federal contractors are wondering what’s next?

Names Floated for New DefSec

DoD Fails Audit

Among those whose names are being floated for secretary of defense are Duncan Hunter, Stephen Hadley, Pete Sessions, Jim Talent, and Mike Flynn.

Rosetta Mission Comes to An End

Rosetta Mission

Rosetta, the first spacecraft to orbit a comet, is dead, setting down Friday on Comet 67P/Churyumov-Gerasimenko. Radio signals from Rosetta flatlined at 7:19 am after it did a soft belly-flop.

Pokémon a No-Go on Govt.-Issued Phones

Pokemon Go

The Pentagon urges troops and other DoD personnel not to play Pokemon Go on their government-issued cellphones, but there is no ban on playing the location-based augmented reality game on Defense Department property.

Working Capital Funds Offer Financing Speed, Agility

The Navy Working Capital Fund can get project financing moving fast. The Patuxent Partnership briefs contractors on how to do it.

McCain: Amp Up Defense Spending to Counter Threats

BRAC

Sen. John McCain says the US needs to spend much more on defense to counter rising threats worldwide.