DOD Plans Steady Increase In Weapons Spending Through FY-18 -- For Now

By Jason Sherman / May 10, 2013 at 5:40 PM
The Pentagon's future spending plans, which could be upended within weeks by a high-level internal review, boost annual weapons procurement spending between by nearly 3 percent above inflation over the next five fiscal years, from $99.3 billion in FY-14 to $114.2 billion in FY-18, according to a newly released Pentagon forecast. The planned increases to the procurement accounts outpace the projected modest rise of the Pentagon's budget topline over the same five-year period, which is slated to increase about 1.5...

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