Search

McCarthy: Divestitures From Legacy Systems To Increase In Coming Years, Eyeing FY ‘22 For Major Decisions

McCarthy: Divestitures From Legacy Systems To Increase In Coming Years, Eyeing FY ‘22 For Major Decisions
Secretary of the Army Ryan McCarthy, left, and Army Chief of Staff Gen. James McConville answer questions during a press conference at the 2019 AUSA Annual Meeting and Exposition at the Washington Convention Center on Oct. 14, 2019. (Photo: Jennifer Milbrett for AUSA

Army Secretary Ryan McCarthy said Friday the Army will have to continue pushing ahead with major divestiture decisions in the coming years to fully fund modernization efforts, calling the $13.5 billion officials included in the latest budget request to shift away from low priorities “tepid” compared to last year’s $33 billion.  “This year was much more tepid than last year. We moved over $30 billion across the [next five fiscal years] last year. It was about north of $12 [billion]…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]


Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]


SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]


Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]