DOD seeks to shift $4B between accounts, prop up hypersonic program after 'failure' and more

By Jason Sherman / July 12, 2023 at 2:59 PM
The Pentagon is seeking congressional permission to shift $4 billion between budget accounts as part of an annual reallocation of funds the U.S. military has in hand, revealing a launch failure in the Defense Department's marquee hypersonic weapons project and proposals for eight new-start projects -- including a loitering missile system for the Army. On June 30, Pentagon Comptroller Mike McCord submitted a 64-page omnibus reprogramming request to Congress seeking permission to shift funds appropriated in fiscal years 2023, 2022...

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