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Friday, March 29, 2013

For Once, Good News on Defense Spending

F-35 Lightning II |Massive programs like the F-35 fighter plane drive the vast majority of Pentagon spending, while procurement spending across the rest of the Defense Department decreased from last year, according to a Government Accountability Office report.

GAO yearly review of weapons programs found that 10 large programs accounted for 65 percent of DOD’s $1.6 trillion in acquisition spending last year.

In addition to the F-35, these programs include the F-22 fighter, the Navy’s Destroyer warship, the nuclear powered Virginia-class submarines, and the Trident II missile.

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