A convergence of indicators suggests the recently passed defense appropriations act will mark a peak for U.S. defense spending. Even the Trump administration’s own outyear defense-spending projections grow at an annual rate of only 2%, which is just enough to keep pace with the White House’s inflation expectations—and below those of the Congressional Budget Office. Still, other indicators suggest inflation will erode the purchasing power of future defense appropriations ...

SUBSCRIBE TO ACCESS THIS ARTICLE

"Opinion: Why U.S. Defense Spending Has Reached Its Peak" is part of Aviation Week & Space Technology’s subscription package. 

Subscribe now to read this full article. And by subscribing, you'll also receive full coverage of what's next in technology from the experts trusted by the global aerospace & defense community. 

 

Already registered? here.