Pentagon Seeks $177B In Modernization Funding In FY-16

By Tony Bertuca / February 2, 2015 at 11:37 AM
The Defense Department is requesting $177 billion for weapon systems modernization in fiscal year 2016, which includes $107.7 billion for procurement and $69.8 billion for research, development, test and evaluation, according DOD budget documents released Monday. A statistical breakdown shows that aircraft systems saw the largest portion of the request at $48.8 billion, followed by mission support and activities at $47.4 billion, shipbuilding and maritime systems at $25.6 billion, RDT&E science and technology funding at $12.3 billion, missiles and munitions...

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