Daily News

DOD seeks to transfer $416M to missile defense to cover North Korean threat

Tony Bertuca   | September 27, 2017
The Pentagon, amid increased tensions with North Korea, has requested Congress allow it to transfer $416 million between various appropriations accounts to better fund "missile defeat enhancements," according to documents obtained by Inside Defense. The bulk of the fiscal year 2017 funding, $330 million, would be transferred from unobligated Army operations and maintenance accounts, according to a Sept. 7 reprogramming request signed by Pentagon Comptroller David Norquist. While several of the new investments are classified, much of the funding...

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