Ryan McCarthy: Army Shifting $30B for Modernization Efforts

During an Association of the United States Army event, Ryan McCarthy, army undersecretary, said that the service branch has realigned around $30B in its five-year spending plan to address modernization needs, National Defense magazine reported Tuesday.

McCarthy noted that $22B will result from proposed program cuts while $8B will come from “cost avoidance” initiatives. He added that the proposed funding shift will result in changes affecting equipment funds and appropriations across the service’s entire budget.

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The $30B realignment, a $6B increase from the Army’s initial goal, will be reflected in the fiscal 2020 budget request slated to be released in March.

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