On the evening of June 2, the US Air Force announced a pair of contracts worth a total of more than $1 billion. Both the Space Fence, won by Lockheed Martin, and the Family of Advanced Beyond Line-of-Sight Terminals (FAB-T), won by Raytheon, are major boosts for service capabilities and the business’ bottom lines.
DoD Program Cuts: Todd Harrison discusses Congress, defense spending and politics.
Even though US President Barack Obama announced last week that the Defense Department would leave only 9,800 American troops in Afghanistan in 2015, experts expect the Pentagon to ask Congress to approve $50 billion to $70 billion for war-related efforts.
The Obama administration’s proposal to keep 9,800 U.S. troops in Afghanistan next year was the product of lengthy deliberations.
The Obama administration estimates that keeping 9,800 troops in Afghanistan in 2015 would cost about $20 billion, but the Pentagon is still expected to request tens of billions of dollars more for additional security operations in the region, according to sources and experts.
Taxpayers and troops will receive something of a peace dividend under White House plans to withdraw troops from Afghanistan by the end of 2016.
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