The 2023 Fiscal Responsibility Act set FY-24 and FY-25 defense spending levels at $886.3 billion and $895 billion respectively and includes a provision that would slash Pentagon budgets by $36.5 billion in FY-24 and $45.4 billion in FY-25 compared with the June budget deal if Congress is ...
008 crore in FY22 and fully recovered its variable cost. It expects to recover most of its sales and fixed costs in FY23 and break-even the next year when its revenues touch ₹4,000 crore. “We aim to come out with the IPO in FY25...
The Defense Department is bracing for potential budget cuts of about $90 billion to fiscal year 2024 and 2025 plans - painful reductions likely to squeeze weapons system modernization accounts - in the event congressional dysfunction extends into January triggering a statutory sequester provision of ...
Deputy Defense Secretary Kathleen Hicks announced plans to spend around $1 billion on the Replicator initiative over fiscal years 2024 and 2025 during a budget briefing today at the Pentagon.The Replicator initiative, which Hicks announced in August, aims to field thousands of "attritable" ...
Deputy Defense Secretary Kathleen Hicks announced plans to spend around $1 billion on the Replicator initiative over fiscal years 2024 and 2025 during a budget briefing today at the Pentagon. The Replicator initiative, which Hicks announced in August, aims to field thousands of "attritable" ...