Major Navy Programs Likely Protected From Expected Tighter Pentagon Budgets

WASHINGTON, D.C. – The Pentagon is banking on billions in savings through operational efficiencies to sustain and modernize the military but if the plan doesn’t work the Department of Defense may have to cut major weapons programs to make up the difference, a defense expert told reporters on Thursday.

Between Fiscal Year 2019 and 2023, the Pentagon expects to save roughly $46 billion by cutting waste in the department. But at a time when future budgets are expected to remain flat at best,...

https://news.usni.org/2018/09/20/36699

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon