Pentagon Proposes $581 Billion FY-10 Budget to Obama Transition Team

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The Office of the Secretary of Defense is recommending to President-elect Barack Obama’s Pentagon transition team a fiscal year 2010 budget of $581 billion, a significant topline increase that does not include any funding for war costs in Iraq and Afghanistan, reports InsideDefense.com.

The FY-10 budget proposal prepared by OSD includes $117 billion for weapon systems modernization. That number encompasses $14 billion proposed this summer to speed Air Force and Navy buys of the Joint Strike Fighter, “stabilize the industrial base” and accelerate purchases of capabilities that are top priorities of commanders in Iraq and Afghanistan — intelligence, surveillance and reconnaissance technologies, a senior Pentagon official told InsideDefense.com.
Read the full report  at Inside Defense.com (paid subscription required)

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One Response to “Pentagon Proposes $581 Billion FY-10 Budget to Obama Transition Team”

  1. Democratic America, Goverment and Election » Pentagon Proposes $581 Billion FY-10 Budget to Obama Transition Team Says:

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