Why No One In The Defense Industry Is Worried About The Budget

aircraft
Credit: Senior Airman Alexander Cook/U.S. Air Force
The Trump administration is requesting “flat” defense spending for fiscal 2021 of about $740 billion, with combined procurement, research, development, testing and experimentation (RDT&E) totaling about $244 billion—$4 billion below the current fiscal 2020 figure. Industry, however, has few worries...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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