Author Topic: 2020 Budget: Army Shifts $31B To Modernization, Readiness  (Read 267 times)

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2020 Budget: Army Shifts $31B To Modernization, Readiness
« on: February 27, 2019, 02:39:13 pm »
 2020 Budget: Army Shifts $31B To Modernization, Readiness

That's $6 billion more than previously announced -- but it all comes at the cost of almost 200 cut, cancelled, or slowed-down programs, each with backers in Congress.

By Sydney J. Freedberg Jr. on February 26, 2019 at 12:51 PM
 

ARLINGTON: The Army is moving $31 billion over the next five years from lower-priority programs to the service’s top-priority needs, undersecretary Ryan McCarthy said this morning. That’s $6 billion more than the preliminary announcement last fall. Not all the money is going to the Big Six modernization programs, McCarthy told reporters, but “the preponderance” will, and “all six…will have vast increases.”

The question is whether Congress will accept the painful cutbacks, slowdowns, and outright cancellations required — which Chief of Staff Gen. Mark Milley said last month would hit at least 186 programs.

https://breakingdefense.com/2019/02/2020-budget-army-shifts-31b-to-modernization-readiness/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BreakingDefense+%28Breaking+Defense%29