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DoD’s $715 Billion FY ‘22 Budget Request Includes Largest Ever R&D Investment, Billions In Legacy System Cuts

By Matthew Beinart

Friday, May 28th, 2021

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DoD’s $715 Billion FY ‘22 Budget Request Includes Largest Ever R&D Investment, Billions In Legacy System Cuts

President Joe Biden talks with Secretary of Defense Lloyd J. Austin III during a visit to the Pentagon, Washington, D.C., Feb. 10, 2021. (DoD photo by Lisa Ferdinando)

The Biden administration’s fiscal year 2022 budget request includes a $112 billion investment in Pentagon research efforts, the department’s largest ever, while calling for nearly $3 billion in cuts to legacy aircraft and ships to fund future weapons system development. The $715 billion budget request, released last Friday, is a 1.6 percent increase over FY ‘21 spending levels and includes $211.7 billion for the Navy, a $4.6 billion increase from this fiscal year, and $212.8 billion for the Air Force,…

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