DOD officials bracing for inflation squeeze with final FY-23 topline guidance

By Jason Sherman / December 5, 2021 at 5:58 PM
SIMI VALLEY, CA -- The Defense Department is awaiting "passback" guidance from the White House, a topline allocation that will allow Pentagon leaders to lock in the fiscal year 2023 budget proposal and account for inflation forecasts that could significantly diminish weapon system buying power. Senior officials attending the Reagan National Defense Forum here said during interviews on the sideline of the conference that they had not yet seen the "passback" memo federal agencies typically receive in late November from...

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