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Less Procurement, More R&D Dollars in $705 Billion Defense-Wide Budget Request

Less Procurement, More R&D Dollars in $705 Billion Defense-Wide Budget Request
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.

The Defense Department is requesting $705.4 billion in fiscal year 2021, a 1 percent decrease over last year’s enacted budget of $712.6 billion, according to department budget documents released Feb. 10. That includes $636.4 billion in base budget dollars and $69 billion in Overseas Contingency Operations (OCO) funding. No emergency funding was requested, down from $8 billion in 2020. All in all, the FY 21 defense budget adheres to the limit set by the Bipartisan Budget Act of 2020 of…

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