Center for Strategic and Budgetary Assessments has released a report on impacts to Defense in the event sequestration occurs. Some excerpts:
• Under sequestration, the base DoD budget would fall to roughly $472 billion in FY 2013.
• Under sequestration, the base defense budget would fall 14 percent in real terms from the peak in FY 2010 to FY 2013
• In past years canceled and delayed programs put DoD further behind in its modernization plans and pushed costs into future years.
• While many new weapon systems were procured over the [past] decade, the Department did not procure everything that was planned. This shortfall in procurement was not due to a shortage of funding but rather a failure in the acquisition system: excessive cost growth, schedule slips, and technological issues plagued many of the major acquisition programs.
Click here for full report
House Armed Services Commitee Hearing
The House Committee on Armed Services conducted a full committee hearing today (11/2) titled: “The Future of the Military Services and Consequences of Defense Sequestration”. The witnesses were each of the services Chiefs.
Click here for web-link.
DNI Assessment of Cyber Threats
Dennis Blair, the Director of National Intelligence, told members of the Senate Select Intelligence Committee that “in the dynamic of cyberspace, the technology balance right now favors malicious actors rather than legal actors, and is likely to continue that way for quite some time.”
Read the FCW article here.
Watch the Testomony on C-SPAN here.
IT Spending in Federal Budget
According to Federal Computer Week President Obama's newest budget contains $79.4 billion in spending on information technology projects for fiscal 2011, a 1.2 percent increase from what he proposed in fiscal 2010 and a slight decrese from the $80.6 billion the 2010 budget actually allocated.
The administration has proposed increasing the number of major IT projects from 781 in FY10 to 809 in FY11 at a cost of $40.4 billion, according to the the FCW article. Read It
FY 2011 Budget Proposal