McAleese & Associates: DoD Gets $738B in FY 2020 Topline Under Two-Year Budget Deal

Jim McAleese

A new McAleese & Associates report says a two-year budget deal will provide the Department of Defense with a topline budget of $738B for fiscal year 2020, reflecting a 3 percent growth from FY 2019 spending levels.

Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote that the topline DoD budget for FY 2020 includes $667B in base funds and $72B in overseas contingency operations funds.

The Pentagon’s FY 2021 topline spending stands at approximately $741B, with the base budget accounting for $672B of the topline.

Domestic programs see a 4 percent growth in the topline budget at $632B for FY 2020, according to the report.

The White House and Congress struck a deal Monday that would increase federal spending over two years and suspend the debt limit until the end of July 2021.

You may also be interested in...

ArchIntel

ArchIntel Offering Competitive Intelligence Roundtable Membership to Enhance CI Collaboration

ArchIntel, the market leading provider of open source daily intelligence, competitive intelligence reports and competitive intelligence events, is now offering a Competitive Intelligence Roundtable Membership for CI professionals at the executive level to privately discuss the challenges and best practices for the competitive and market intelligence sectors. 

SOSi CEO Julian Setian Receives Wash100 Award

SOSi CEO Julian Setian Receives Second Consecutive Wash100 Award for Driving Growth, Emerging Tech Capabilities

For the second consecutive year, SOS International CEO Julian Setian has received a Wash100 Award for his leadership and vision to drive company growth and innovation for its technical capabilities in cloud, cybersecurity, data analytics and software development. Under his leadership, Setian has continued to drive company growth and expansion of its vital capabilities.