The Defense Department’s request for $58.6 billion in fiscal year 2015 overseas contingency operations funds is nearly one-third less than it received the previous year and is part of a continued downward trend in war-related spending, Deputy Defense Secretary Bob Work told Congress today. But even as the war in Afghanistan ends, the department will continue to seek OCO funding for the repair and replacement of worn-out and damaged equipment, a process that will continue well beyond 2015, Work said at a hearing of the House Armed Services Committee. Read more here, go.usa.gov/5ajh.
Posted on: Thu, 17 Jul 2014 03:30:01 +0000
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