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DEFENSE WATCH

By Cal Biesecker

Monday, August 29th, 2011

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The Latest Word On Trends And Developments In Aerospace And Defense CBO Numbers. The Congressional Budget Office’s new report, titled Budget and Economic Outlook: An Update, gives revised figures for its forecast defense spending, which includes the Pentagon, Department of Homeland Security, and other agencies. For defense it projects $712 billion in 2011, $724 billion in 2012, $738 billion in 2013, $753 billion in 2014, $769 billion in 2015, $786 billion in 2016, $806 billion in 2017, $826 billion in…

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