CSIS: Drawdown in Pentagon contract spending has ended

By Marjorie Censer / April 5, 2017 at 12:40 PM
Total Defense Department contract obligations increased by 7 percent in fiscal year 2016, suggesting the years-long decline in Pentagon contracting has come to an end, according to a new report from the Center for Strategic and International Studies. The document , released April 5, calls the DOD contract obligations picture "far better than most anyone would have predicted." Defense contract obligations hit $296 billion in FY-16, up from $278 billion in FY-15 and $292 billion in FY-14 (all in constant...

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