DoD Shifts Spending Focus, Prepares for Technologies of the Future
April 22, 2014 12:02 PM
comment(s) - last by
Major budget cuts could have ramifications for all US military branches in the years to come.
Due to increased scrutiny and frustration, the U.S. federal government is
shifting monetary budgets
with procurement and research and development projects likely receiving a $66 billion cut if spending caps aren’t adjusted.
The current five-year spending plan is more than $115 billion above mandated defense-spending caps, which could have major ramifications. The budget cuts would hit everything from the
Lockheed Martin F-35 Lightning II
Airbus Light Utility Helicopter
Boeing KC-46 tanker
. In addition, the U.S. Army wouldn’t be able to acquire new Black Hawk helicopters and Stryker double-hull vehicles might also face cancellation.
Boeing KC46A Tanker [Image Source: Wikipedia]
Moving forward, the DoD will focus on research, development, test and evaluation (RDT&E), with an estimated $63 billion spent in 2014 alone. One of the business sectors of the RDT&E program, the Future Years Defense Plan, will see its budget continually drop – from $20 billion in 2009 down to $10 billion by 2018.
“There’s a difference between spending money and spending money smartly,” said James Hasik, Atlantic Council senior fellow. “There are folks out in the world who make the argument that you have to spread money around the world wildly, because money spent on research is just good because it just leads to development. This is not a compelling argument because there are dead ends against which you can continue to apply money and not get very far.”
DoD officials want to make sure basic research funding and early-stage development both receive funding through the red tape, though this will force other future military technology research onto the shelf.
Congress is evaluating another wave of Base Realignment and Closure (BRAC) papers in 2017, giving the DoD the ability to close bases on an individual basis.
This article is over a month old, voting and posting comments is disabled
RE: US was folowing the USSR
4/23/2014 11:26:56 PM
Other countries spend a significantly higher percentage - if you include their universal health insurance (essentially Medicare/Medicaid covering everyone) and thier social insurance that covers unemployment and pensions.
"Well, there may be a reason why they call them 'Mac' trucks! Windows machines will not be trucks." -- Microsoft CEO Steve Ballmer
F-35 Lightning II Sustainment Costs Decline by $89.4 Billion, Procurement Costs Rise
April 21, 2014, 9:35 AM
USAF Moves Forward With Long Range Bomber Program Despite Budget Crunch
March 4, 2014, 9:44 AM
Boeing to Begin Building Components for First KC-46A Tanker This Fall
June 15, 2012, 9:38 AM
Microsoft Co-founder Paul Allen Donates $100M to Fight Raging Ebola Epidemic
October 23, 2014, 6:05 PM
Cool Science Video of the Day: Carnivorous Leech Eats Giant Jungle Worm
October 16, 2014, 6:44 PM
Facebook CEO and Founder, Mark Zuckerberg, Donates $25M to Fight Ebola
October 14, 2014, 5:06 PM
Chagrined Over Leaks, CDC Confirms First U.S. Ebola Diagnosis in Dallas, Texas
September 30, 2014, 5:55 PM
Nail Polish May Soon be Able to Detect Date Rape Drugs
August 26, 2014, 7:57 AM
SpaceX Falcon 9-R Rocket Suffers Malfunction, Self-Destructs During Test Flight
August 23, 2014, 9:36 AM
Most Popular Articles
Amid Theater Boycott Netflix Defiantly Plans New Movies, Plus 3 TV Shows for 2015
October 24, 2014, 7:30 PM
AT&T Defeats Purpose of New Apple SIM, Locks iPad Air 2 SIMs to Its Network
October 24, 2014, 2:17 PM
CVS, Rite Aid Kill Unofficial Apple Pay Support, Burn Google Wallet Users in the Process
October 25, 2014, 5:26 PM
1 Million Credit Card Activated on Apple Pay Within 72 Hours, Walmart CEO Hopes Visa "Suffers"
October 28, 2014, 8:17 AM
Microsoft's Figures Show Desktop Users Flocking to Windows 10 Preview
October 27, 2014, 11:04 AM
Latest Blog Posts
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information