United States Defence and Security Report 2016 - Business Monitor International - Industry Reports

United States Defence and Security Report 2016

United States Defence and Security Report 2016 - Business Monitor International - Industry Reports
United States Defence and Security Report 2016
Published Oct 15, 2016
50 pages — Published Oct 15, 2016
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Abstract:

� Business Monitor International Ltd Page - purchase for --- helicopters for the army (down from ---). The navy has requested two F/A--- Super Hornet fighter jets (later asking for another --) and -- F---C joint strike fighters. ...In November ----, President Obama signed the National Defense Authorization Act into law, providing a legal framework for the US to expend defence ties with South East Asian countries. The US has also stepped up Freedom of Navigation Operations in the region, with US patrols sailing through what China perceives as sovereign territory in an effort to challenge the latter s sovereignty claims. The government in July ---- announced plans to cut the US army by --,--- active personnel by FY----. --,--- civilian employees are also to be cut from the Department of the Army. In July ----, Obama announced that -,--- US troops would remain in Afghanistan into ----.

...The US Department of Defense (DoD) has struggled with budget restrictions since ----, amid adverse economic conditions. The ---- Budget Control Act introduced defence funding caps, which (although raised twice in ---- and ----) have led to substantial cuts in targets for US defence spending out to FY---- (US fiscal years start October -). ...In February ----, the Obama administration requested USD---.-bn in defence funding under the FY---- budget (excluding veteran benefits and services and some military retirement-related expenditures). This included base funding of USD---.-bn for the DoD (and USD-.-bn in mandatory funding for the DoD); USD--.-bn for overseas contingency operations; USD--.-bn for nuclear energy programmes; and USD-.-bn in non-DoD-related defence spending. The proposed budget, which has yet be approved at the time of writing, was largely in line with the past couple of years and meets the abovementioned spending caps (amended in ----). The various US armed forces branches have subsequently submitted additional funding requests. Congress will resume FY---- budget negotiations following the November ---- presidential election: in September, it approved a temporary measure to keep the DoD and wider government funded from the beginning of the new fiscal year on October -, through to December - ----.

...In February ----, the government requested USD---.-bn in defence funding under the FY---- budget. This included base funding of USD---.-bn for the DoD (and USD-.-bn in mandatory funding for the DoD); USD--.-bn for overseas contingency operations; USD--.-bn for nuclear energy programmes; and USD-.-bn in non-DoD-related defence spending. ...

  
Source:
Document ID
2042-423X
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "United States Defence and Security Report 2016" Oct 15, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-States-Defence-and-Security-Report-2016-2026-1296>
  
APA:
Business Monitor International - Industry Reports. (2016). United States Defence and Security Report 2016 Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-States-Defence-and-Security-Report-2016-2026-1296>
  
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