Home / News / NSF: Agencies Got 2% R&D Budget Boost in FY 2014

NSF: Agencies Got 2% R&D Budget Boost in FY 2014

research and development RDA new report from the National Science Foundation says federal agencies received a $3.2-billion year-over-year increase in fiscal year 2014 for research and development work and R&D plant initiatives.

NSF said Wednesday this 2.4-percent increase brought the total amount of 2014 R&D funds to $135.7 billion as of July 2014.

The agency said previous fiscal years have showed successive funding cuts for R&D and R&D plant, reductions that include a $11.3 billion decline in fiscal 2013 compared to 2012 figures.

Preliminary estimates by NSF’s National Center for Science and Engineering Statistics also pointed to budget cuts for defense-related R&D despite this year’s total increase, with $16.1 billion total dropped from the budget since fiscal 2010.

Check Also

Top Pentagon Data Officer Explains Challenges Utilizing AI at DoD

Michael Conlin, Pentagon’s chief data officer, has said that the structure of data and developing a workforce would be the two major challenges to the agency’s adoption of artificial intelligence, FedScoop reported Thursday.

Leave a Reply

Your email address will not be published. Required fields are marked *