As the Defense Department stares down the twin challenges posed by a continuing resolution and sequestration, DOD is working to reduce $328 billion in unobligated balances by putting money under contract before it expires or becomes subject to cuts. As of June 30, the end of the third quarter of fiscal year 2012, DOD had $275 billion in unobligated FY-12 funds, of which $112 billion was in one-year accounts that would no longer be available for new obligations after Sept...
