Pentagon splits $100M 'technology offset' fund between SECDEF, lawmakers' priorities

By Jason Sherman / December 21, 2016 at 12:00 PM
The Defense Department has divvied up nearly $100 million -- appropriated in a new fund created by Congress for unspecified "technology offset" projects -- between initiatives that finance the defense secretary's innovation agenda and investment areas lawmakers believe important for the U.S. military to maintain technical superiority. The Fiscal Year 2016 Omnibus Appropriations Act established a new Technology Offset Fund account in the Pentagon's research and development budget, seeding it with $100 million to be used for advanced component development...

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