April 21, 2019

Defense Spending Sees Largest Hike in 15 Yrs.

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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.

House Approves Spending Bill

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The House of Representatives passed the $1.1 trillion omnibus spending bill and it now moves to the Senate for its consideration.

More Budget Cuts Could Target Mid-sized Contractors

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House defense panel member says his committee has cut another $25 billion from defense in the budget bill and that the contractor workforce was likely to take the brunt of this additional hit.