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GovCon-News

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

clock 18 Mar, 2019 comment 11 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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