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In $582.7 Billion FY ’17 Budget Request, Pentagon to Increase Funding for Undersea Warfare, Munitions

Valerie Insinna
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In $582.7 Billion FY ’17 Budget Request, Pentagon to Increase Funding for Undersea Warfare, Munitions
The Virginia-class attack submarine USS Mississippi (SSN 782) departs Joint Base Pearl Harbor-Hickam for routine operations. General Dynamics’ sales in the quarter benefited from work on the Block IV version of the class. Photo: U.S. Navy

The Defense Department’s fiscal year 2017 budget request will call for a topline of $582.7 billion, hewing closely to the levels set in the Bipartisan Budget Agreement made last year.That amount includes both base budget expenditures and wartime spending, also known as Overseas Contingency Operations funds (OCO), said Defense Secretary Ashton Carter during a Tuesday speech previewing the budget to the Economic Club of Washington. The Pentagon plans to roll out the budget on Feb. 9.But hawkish lawmakers on Capitol…

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