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CSBA: If Historical Trends Applied, Defense Budget Would Drop to $415 Billion In Drawdown

Pentagon officials and many lawmakers agree that constrained spending due to sequestration cuts is harmful to military readiness and to the defense industrial base, but that spending level actually represents a less painful drawdown than the military has seen in recent history, according to the Center for Strategic and Budgetary Assessments. Presenting his new report, “Chaos and Uncertainty: The FY2014 Defense Budget and Beyond,” CSBA senior fellow for defense budget studies Todd Harrison told reporters that, based on historical data,…

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Contract Updates

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