Lawmakers approve bulk of DOD transfer to increase missile defense investments

By Tony Bertuca / October 4, 2017 at 2:31 PM
Congressional defense committees have approved nearly 90 percent of the Pentagon's request to transfer $416 million between different accounts to increase funding for missile defense programs, according to a document released Wednesday by the Defense Department. Lawmakers, who must approve all large funding transfers, ultimately granted DOD authority to shift $367.5 million in fiscal year 2017 Overseas Contingency Operations funding to "missile defeat enhancements," according to Capitol Hill's response to a Sept. 7 reprogramming request signed by...

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