Spending Caps May Force $66 Billion Defense Cut

Posted April 16, 2014 at 10:15am

“The Pentagon’s planned five-year spending plan for procurement and research-and-development projects, set forth in its 2015 budget proposal, would be cut by $66 billion if US federal spending caps remain in place,” Defense News reports.  

“The cuts would impact dozens of Pentagon programs, including the Lockheed Martin F-35 joint strike fighter, Boeing KC-46 tanker and Airbus Light Utility Helicopter.”  

“The Pentagon’s five-year spending plan submitted with its 2015 budget proposal is $115 billion above defense spending caps. If the caps remain in place, the Army would not sign another multiyear procurement deal with Sikorsky for new Black Hawk helicopters and a fourth brigade of General Dynamics Stryker double-hull vehicles would also be canceled.”