Politico cited sources that say the budget request would represent a 1.5 percent increase from DOD’s current FY 2021 budget allocation of approximately $704 billion and would be less than the previous administration’s projected funding of $722 billion.
The planned FY 2022 budget fails to meet the 3 to 5 percent increase Republican lawmakers want the White House to propose to fund military transformation efforts in order to counter threats posed by Russia and China.
The Biden administration is set to unveil on Friday the outline of its FY 2022 budget proposal, including request for discretionary spending and proposed funding levels for the Pentagon and other federal agencies, and plans to release a detailed budget submission later in the spring, according to the report.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
