Mike McCord: FY 2017 DoD Budget Would Slow Agency’s Modernization Efforts

1 min read

Mike McCord
Mike McCord

Mike McCord, the Defense Department‘s comptroller, has said DoD could experience a slowdown in some modernization programs as a result of a $15 billion pending cut from its fiscal 2017 budget, USNI News reported Monday.

Megan Eckstein writes the White House and Congress forged a two-year budget agreement in October to provide about $80 billion in additional domestic and military program funds for the 2016 and 2017 fiscal years.

“In the end, although we didn’t get all the money we wanted out of this deal, we felt good about the outcome,” McCord told audience at a Center for Strategic and International Studies forum Monday.

McCord added he does not expect the deal to trigger significant changes to the current force size.

Sydney Freedberg Jr. of Breaking Defense reported the DoD is preparing an estimated $584 billion spending plan for FY 2017 and could submit its annual budget proposal to Congress in three weeks.

McCord’s DoD topline presentation at the CSIS event indicated that the department will propose 2018 to 2021 budgets that will exceed mandated spending limits, Freedberg said.

ExecutiveGov Logo

Sign Up Now! Executive Gov provides you with Free Daily Updates and News Briefings about DoD

Leave a Reply

Your email address will not be published.

The Ultimate Guide to Winning Government Contracts Let us show you how top executives are winning so you can replicate it