FY18 NDAA conference report signals significant increase in defense spending
On November 8, 2017, the House and Senate Armed Services Committees released a conference report detailing their compromise FY18 National Defense Authorization Act (NDAA). The report, which merges the bills each committee passed earlier this year, outlines the policy goals and authorization levels for defense spending contained in the NDAA. With a total topline defense budget of about $700 billion, the NDAA surpasses both President Trump’s budget request and the DoD’s initial requests. The significant boost over the FY17 NDAA is designed to improve military readiness, drive military infrastructure advances and provide critical reforms.
We discuss the new NDAA’s acquisition reform initiatives and its provisions to strengthen cybersecurity, increase the size of the Armed Forces, and modernize military infrastructure and capabilities.
SOURCE: FY18 NDAA conference report signals significant increase in defense spending
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