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Check out the financial news on the ASMC National Headquarters links below.

Welcome to the ASMC Ozark Chapter

 

ASMC National News

  • House defense committee chair proposes acquisition system reforms
    House Armed Services Committee (HASC) chair Rep. Mac Thornberry (R-TX) introduced a bill containing the first in a series of broad ranging defense acquisition reforms. During a year-long effort, the committee engaged stakeholders from the Department of Defense (DoD), industry, and Congress to develop proposals for long-term reform of the defense acquisition system. Thornberry called [...]
  • OMB issues strategy to reduce federal real estate footprint
    The Office of Management and Budget (OMB) has issued a National Strategy for Real Property that directs agencies to lower the real estate footprint beginning next year. In a memo to federal agencies, OMB Controller Dave Maulder said the National Strategy for Real Property “establishes a new strategic framework through which the government can manage [...]
  • Total cost of DoD major acquisition programs declines
    The total cost of 77 selected Department of Defense (DoD) major acquisition programs decreased by $9.1 billion (-.06 percent) in 2014, according to a report issued by DoD last week.  This small increase reflects increased planned quantities (+$2.5 billion), program schedule changes (+$2.4 billion), higher costs due to engineering changes (+$5.4 billion), increased program cost [...]
  • Proposed House Budget Resolution would cut spending by $5.5 trillion, increase defense, but not end sequestration
    A budget resolution approved by the House Budget Committee (HBC) yesterday would cut $5.5 trillion from federal budgets over the next 10 years and balance the budget by 2024. HBC Chairman Rep. Tom Price (R-GA) called the resolution “a strong step forward in addressing the nation’s fiscal and economic challenges.” The annual budget resolution, often referred [...]
  • Senate passes and sends FY2015 Appropriations and Defense Authorization bills to president
    The Senate has passed and sent to the president the FY2015 Appropriations bill that funds the Department of Defense Appropriations bill and 10 other bills (including Military Construction /VA) through the end of FY2015. The bill also funds the Homeland Security Appropriations bill under a continuing resolution (CR) through February 27, 20015. The Senate passed [...]
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