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GovCon-News

FY2020: Trump Defense Budget Proposal Features 4.9% Increase in Defense

clock 18 Mar, 2019 comment 1 Comments

Given China’s and Russia’s rapidly increasing military abilities, it is not surprising to see Trump pushing for an increase in the Defense budget. With the 4.9% proposed increase, the fiscal year 2020 defense budget tips in at a hefty $718 billion (including $164 billion in overseas contingency funds). 4.9% comes out to $33 billion for the bean counters. Some of the more interesting items tucked into the FY2020 budget include $14.1 billion for space-based investments including improvements to missile warning...

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