After years of stagnant Pentagon budgets, the next presidential administration will face a defense acquisition bow wave in the early 2020s and will need an influx of funding to pay for the various weapon systems in development or production, a new report by the Center for Strategic and International Studies said.Funding needed for major defense acquisition programs is slated to peak in fiscal year 2022—just a year beyond the upcoming 2017 future years defense plan that will project spending over…
Next President Will Grapple With Defense Acquisition Bow Wave, Study Finds
By
Rich Abott
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