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Report: DoD Seeks 12% Military Electronics Funding Boost for Fiscal 2019

Report: DoD Seeks 12% Military Electronics Funding Boost for Fiscal 2019 - top government contractors - best government contracting event

Report: DoD Seeks 12% Military Electronics Funding Boost for Fiscal 2019 - top government contractors - best government contracting eventThe Defense Department has asked Congress to earmark $12.93 billion in fiscal 2019 funds for research and procurement of communications, electronics, telecommunications and intelligence technology platforms, Military & Aerospace Electronics reported Friday.

DoD’s proposed CET&I budget represents a 12.3-percent increase from the amount requested for FY 2018 and excludes military activities that cover “substantial” electronics systems.

The department seeks to invest $9.83 billion in CET&I and the remaining $3.1 billion for research, development, test and evaluation efforts, the report noted.

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Written by Nicholas Hoffman

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