Posts Tagged ‘Expense’

$ 70 Billion Needed For Next 6 Months of War

January 13, 2009

Defense Secretary Robert Gates has outlined a $69.7 billion estimate of funds needed for the wars in Iraq and Afghanistan from the spring through September, a sum he calls a “personal assessment” that includes $23 billion for new weapons but does not account for costs associated with a likely increase of U.S. forces in Afghanistan.

In a Dec. 31 letter to the leaders of the four congressional defense committees, Gates said the estimate — which would bring total fiscal year 2009 war costs to $135.6 billion — “would fund operations through the remainder of the fiscal year; replace combat losses, worn-out or stressed equipment; and replenish supplies.”

Gates characterized the figure as a “personal estimate” and not the position of the Bush administration or the incoming Obama administration. “As such, I fully expect that the new administration will conduct a fresh review of these matters and provide an updated and more authoritative proposal” once in place, he writes.
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$40 billion needed to expand Army

December 23, 2008
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The Army projects it will need $40 billion annually above current spending levels once a planned 74,200 troops are added, according to a draft service report for the Obama transition team.

The report says the planned force of 1.1 million soldiers would require a budget of “$170 billion to $180 billion per year to sustain,” well above the 2009 budget of about $140 billion.

A draft copy of the 43-page document, labeled “predecisional” and dated November 2008, was obtained by Defense News, a sister publication of Army Times.

US Navy Working to Lower Ships’ Fuel Costs

July 17, 2008

It is not just SUV-drivers who are feeling the pain at the pump. Imagine trying to fill up an AEGIS-Class destroyer every few weeks:-)

See what the US Navy is doing to reign in fuel costs by saving 1.14 million barrels of oil this year.