Recent defense outlays are above average, CBO says

ABOVE AVERAGE: Real, inflation-adjusted defense spending over the past 20 years has averaged about $406 billion annually in 2005 dollars, ranging from $485 billion in 1986 and 1987 to $322 billion in 1998 and 1999, the Congressional Budget Office says. Over the past three years, however, defense...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.