Author: Jane Edwards|| Date Published: July 28, 2021
Consulting firm McAleese & Associates has released a report on recent congressional actions on the Department of Defense’s budget for fiscal year 2022.
McAleese said the additional funding would increase the Pentagon’s buying power by about 5 percent or $36 billion for FY 2022 before adjusting for approximately 5.2 percent 2021 inflation.
The House Appropriations’ defense subcommittee released a report in mid-July outlining its proposed $706 billion defense budget for FY 2022.
The House subpanel proposed $254 billion for DOD’s FY 2022 operation and maintenance operations, reflecting a 32 percent increase over the FY 2021 enacted level. DOD’s procurement budget under the measure is $134.3 billion, a 2 percent drop from the previous fiscal year’s enacted level, according to the McAleese report.
The bill would authorize $110.4 billion for DOD’s research, development, test and evaluation account for FY 2022, up 3 percent from the enacted FY 2021 budget.
McAleese said overall modernization accounts covering the Pentagon’s procurement and RDT&E under the House measure “remained flattish” at $244.7 billion.
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