The U.S. Army is in need of more research and development funds to fulfill its modernization goals, National Defense Magazine reported Thursday.
These funds would support the six priorities of the Army's Futures Command that was made to lead the branch's modernization efforts.
Cameron Leuthy, a senior budget analyst at Bloomberg Government, reported that the service branch's funds for research, development, test and evaluation has risen by 21 percent to $11.37B between 2017 and 2019. However, the Defense Department's fiscal plans stipulate a possible drop to $9.2B by 2023.
Leuthy noted that fund projections may change depending on future research requirements.
“We think there will be some sort of deal but we don’t expect big growth … for DoD and the Army," Leuthy said.