Mark Esper: DoD Needs 5% Budget Increase to Stay Ahead of Adversaries

Mark Esper, the defense secretary and a 2020 Wash100 Award recipient, has said the Pentagon needs a 3 to 5 percent increase in budget to keep up with near-peer adversaries and boost military readiness.

Esper told attendees at a Heritage Foundation event that the Department of Defense (DoD) needs to be “better stewards of the taxpayer dollar” while the Congress must ensure a steady increase of annual defense funding, the Washington Business Journal reported Friday.

He noted that the DoD is looking to realign program funds and reform 2018 National Defense Strategy goals to ensure spending efficiency. “I talk about freeing up time, money and manpower to put into other priorities,” said Esper.

“What that does is, that allows the services to use dollars spent to maintain an unnecessarily high level of readiness and invest it into people, into modernization, into any other thing they want without jeopardizing their ability to meet the war plans.”

Share the Post:

Related Posts

SAIC’s Wash100 Winning Executives

In the 12-year history of the prestigious and highly competitive Wash100 Award, a handful of elite government contracting companies and federal agencies have produced multiple winners.  SAIC is one such...

TRANSCOM Commander Jacqueline Van Ovost Accepts 2024 Wash100 Award
How to Nominate a GovCon Leader for the 2025 Wash100 Award

In the vast landscape of government contracting, Executive Mosaic‘s Wash100 Award stands as a beacon of recognition and prestige. This accolade celebrates the most outstanding figures who have shaped the...