Daily News

Esper: Army canceling, reducing, consolidating at least $25 billion across investment accounts

By Jason Sherman  
October 8, 2018 at 5:50 PM
The Army’s fiscal year 2020 budget will propose canceling, reducing or consolidating at least $25 billion in expenses across the Pentagon’s new five-year spending plan to realign the service’s weapon system modernization portfolio with the Trump administration’s National Defense Strategy and emphasize investments in “next-generation” capabilities. Army Secretary Mark Esper said the service is scouring all facets of its budget to harvest funds for the new push to bolster conventional combat capability as part of a push to better prepare...

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