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CBO: Future Constrained Budgets. Rising O&M Costs to Continue to Impact DoD Procurement

CBO: Future Constrained Budgets. Rising O&M Costs to Continue to Impact DoD Procurement
Aerial of the Pentagon, the Department of Defense headquarters in Arlington, Virginia, near Washington DC, with I-395 freeway on the left, and the Air Force Memorial up middle.

Despite the U.S. military requesting and receiving near-record budgets in recent years, rising costs in each of its funding categories will continue to apply pressure on procurement and research-and-development funding as future budgets will be more constrained, per a new government watchdog document. The Defense Department can expect to continue to feel budget constraints as the U.S. government deficit remains large for the next decade and is expected to grow in the years thereafter, according to “Prospects for DoD’s Acquisition…

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