Defense budget includes $286 million for industrial base

March 11, 2019 at 12:19 PM

The White House said today the fiscal year 2020 Pentagon budget includes $286 million for DOD efforts “to ensure a robust, resilient, secure, and ready manufacturing and defense industrial base,” following the release of a report last year.

The Pentagon in October issued a defense industrial base report spurred by an executive order.

In a White House overview released today, the administration said the Pentagon will use the funds to follow through on the report's recommendations.

“DOD’s investments to implement this comprehensive, Government-wide effort demonstrate that manufacturing and the defense industrial base are vital not only to the Nation’s economic security, but also to national security,” the document states.