Defense contractors should be quite satisfied with the fiscal 2018 defense appropriations provided by Congress. The 18% increase in total procurement and Research, Development, Test and Evaluation appropriations over fiscal 2017 is one of the larger peacetime single-year growth rates since 1945. But this rate of growth is probably a “one-hit wonder.”  Congress probably will not be able to substantially add to the 2019 Pentagon budget request, barring a major conflict. In ...

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