http://story.news.yahoo.com/news?tmpl=story&cid=578&ncid=578&e=1&u=/nm/20040130/ts_nm/arms_usa_budget_dcBush Seeks Big Jump in Missile Defense Spending !
By Jeremy Pelofsky
WASHINGTON (Reuters) - The Bush administration will ask Congress to boost spending on missile defense by $1.2 billion next year and nearly double funding to modernize the Army in the $401.7 billion U.S. military budget for 2005, according to Pentagon documents released on Friday.
The defense plan is part of a proposed $2.3 trillion federal budget President Bush will send to lawmakers on Monday. It includes a 7 percent increase in defense spending over the current level of $375 billion.
The Pentagon said the defense budget documents -- scheduled to be formally released on Monday with the president's overall budget -- were inadvertently posted on the Internet on Friday morning. They were later removed.
The administration seeks to boost funding for its controversial missile defense program (deploying the initial parts of a missile defense shield by September) by 13 percent to $10.2 billion next year from $9 billion requested for fiscal 2004. <snip>
...$3.2 billion for the Army's "Future Combat System," a high-tech plan to make soldiers more mobile and lethal in the post-Cold War world.
....$74.9 billion(down from 81.1 billion war related costs this year) to buy weapons and other equipment in the 2005 fiscal year, starting Oct. 1.
...defense budget does not include up to $40 billion or more in supplemental spending for military operations in Iraq
..$4.6 billion for Lockheed Martin Corp.'s Joint Strike Fighter, or F-35
...$69 billion in weapons research and development
...buy 24 of Lockheed Martin Corp's F/A-22 Raptor fighter aircraft in fiscal 2005 for a total of $3.6 billion
...three V-22 "Osprey" tilt-rotor aircraft in 2005 for a cost of $305.6 million
<snip>