Search

Army Expecting Nearly $7 Billion More In 2018, Mostly For Modernization

Army Expecting Nearly $7 Billion More In 2018, Mostly For Modernization
Secretary of the Army Dr. Mark T. Esper (right), discusses unit readiness with Lt. Col. Christopher L’Heureux, the commander of the 2nd Squadron, 2nd Cavalry Regiment, during Allied Spirit VIII at Hohenfels Training Area, Germany, Jan. 30, 2018. The Secretary of the Army visited Allied Spirit VIII to observe the training exercise. (U.S. Army photo by Spc. Hubert D. Delany III / 22nd Mobile Public Affairs Detachment)

When and if Congress passes a two-year bipartisan spending bill, the Army stands to receive a nearly $7 billion plus-up to its fiscal 2018 budget, most of which will be spent on modernization, according to service officials.The service’s cut of the $25 billion increase in defense spending proposed in the Bipartisan Budget Act is about $6.8 billion, Secretary Mark Esper said Feb. 21.“We’re going to continue to build readiness,” Esper told reporters during a roundtable in his office at the…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]