On November 8th, the House and Senate Armed Services Committees announced details of the conference report for the FY2018 National Defense Authorization Act (NDAA). The bipartisan conference authorized a total base budget of $626 billion and a total national defense topline near $700 billion – a $26 billion increase to President Trump’s first request.
This year’s NDAA conference committee added $21 billion to procurement accounts that will be used to buy additional ‘big-ticket’ defense items. Not only are these platforms generally included on the service’s Unfunded Requirement lists, but they also support jobs – to prime contractors and their supply chains – in many congressional districts.
Within the investment account, which represents Procurement and RDT&E funding, the clear beneficiaries of Congress’s $26 billion plus-up were the Army and Navy. The Navy’s authorized investment account funding increased by $11 billion, or 16%, from President Trump’s request and the Army’s funding increase by $7 billion, an increase of 23%.
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