Table of Contents
How much did the US spend on defense in 2015?
When these additional costs outside the DoD budget are included, total defense-related spending in FY 2015 is $846.1 billion, or 21 percent of the total federal budget. The FYDP submitted with the FY 2015 request makes a number of shifts in how funding is allocated within the base DoD budget.
What is procurement in military spending?
While procurement implies a process of obtaining goods or services, the word also refers to a specific title and associated accounts within the annual National Defense Authorization Act (NDAA) and defense appropriations legislation.
What is DoD procurement?
A collection of tools and services to help you and your organization manage, enable, and share procurement information across the Department of Defense.
How long is procurement money good for?
O&M and MILPERS appropriations have a one year current period; RDT&E appropriations have a two year current period; Procurement appropriations have a three year current period (Procurement for Navy Shipbuilding/Conversion has a five year current period), and MILCON appropriations have a five year current period.
What is the minimum life cycle of an appropriation?
Each appropriation category has three distinct periods during its lifecycle: current period, expired period, and cancelled period.
What does the US government buy most?
White House moves forward with a plan to make federal acquisition more efficient.
- Transportation and Logistics Services: $34.1B.
- Medical: $33.2B.
- Industrial Products and Services: $11.8B.
- Security and Protection: $4.8B.
- Human Capital: $3.6B.
- Travel and Lodging: $3.6B.
- Office Management: $2.1B.
How much does the US military spend on procurement each year?
In FY 2021, $57.3 billion is provided for Navy procurement, down from $61.7 billion or -7.0% from FY 2020. In FY 2021, the Air Force is expected to receive $49.0 billion, down from $50.0 billion or -2.0% from FY 2020. In FY 2021, the Army is expected to receive $25.1 billion, down from $25.6 billion or -2.0% from FY 2020.
How much did procurement increase in FY 2016?
In FY 2016, procurement increased as much as 16.4% to $118.9 billion followed by a +4.6% increase in FY 2017. In FY 2018, procurement jumped 18.6% to $147.5 billion but declined 0.5% to $146.8 billion the following year.
How much did the US spend on defense in 2016?
From FY 2010-13, defense spending declined every year. In FY 2014, the DoD Budget ($595.7 billion) increased for the first time in four years, then fell again in FY 2015. In FY 2016, defense spending climbed back to the FY 14 level and increased further to $626 billion in FY 2017.
What are the major DoD budget items for 2019?
In FY 2019, $161.5 billion in funding for Military Personnel (MILPERS) is projected, up $14.9 billion (+10.2%) from FY 2018. In FY 2019, procurement funds amount to $144.6 billion, up $18.9 billion (+15.1%) from FY 2018. Another significant DoD budget item is RDT&E (Research Development Test & Evaluation).