14 mars 2019 | International, Terrestre

At advent of ambitious mod plan, US Army seeks $190B in FY20

By:

WASHINGTON — The U.S. Army is asking for about $190 billion in fiscal 2020, an increase of roughly $8 billion above last year's budget top line, which will cover the cost of the advent of an ambitious modernization plan, a defense official told Defense News ahead of the White House's FY20 budget request release.

Breaking that top line down, the service is requesting roughly $120 billion in its base budget and then another $31 billion in Overseas Contingency Operations-for-base funding. The Army is asking for another $30 billion in traditional OCO funding — which is the account used to pay for wartime operations in theater — and another $10 billion to cover emergency funds, according to the source.

The budget is expected to be officially released March 12.

OCO-for-base funding is money that could be in the base budget, but is classified as OCO for the purpose of getting around statutory budget caps imposed by the Budget Control Act. Both Congress and the Pentagon have relied on OCO as a workaround for the budget caps in the past.

Full article: https://www.defensenews.com/land/2019/03/09/at-advent-of-ambitious-mod-plan-army-seeks-190b-in-fy20

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    Private equity firm buys Humvee-maker AM General

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