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2/12/2012

Of $ 525 billion Pentagon budget for 2013


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Showed a detailed document obtained by Reuters that the budget of the U.S. Department of Defense (Pentagon) for the fiscal year 2013 of 525 billion dollars.
The budget includes spending 178.8 billion dollars to develop and purchase new warships, fighter aircraft and other weapons, the main deficiency of 7.5 percent from the level that was initially anticipated for next year.
The document showed the decline in the overall budget by about 12.2 per cent from last year's budget.
It is expected in fiscal year 2013 spending of $ 109.1 billion on purchases and 7.69 billion dollars on research and development spending compared to previous projection 117.6 billion on purchases and 75.7 billion on research and development.
It shows the U.S. military to keep high levels of spending on the latest aircraft and warships in the time it turns its focus towards the Asia-Pacific in the new military strategy announced by U.S. President Barack Obama and Defense Secretary Leon Panetta last month.
At the same time spending on programs will be much less armor, where the U.S. military reduces the size of its ground forces and marines after ten years of the war in Iraq and Afghanistan.
Panetta delivered last month highlighted the budget in 2013 is his first budget as minister of defense and the first to take into account measures to reduce the deficit in the budget approved by Congress, which include the reduction of 487 billion dollars of spending over ten years.
This is also the first budget for the Pentagon since the attacks of September 11, 2001 which requires spending less than the previous year.
Weapon and wait for companies such as Lockheed Martin, Boeing, Northrop Grumman and General Dynamics and Huntington Anjals and Raithwnin impatiently details of programs that will work on it.
It is scheduled to officially announce the details of the Pentagon budget on Monday, when Obama sends budget to Congress in 2013, which must be approved spending plan.
And requests the fiscal year 2013 budget, which begins on the first of October of $ 9.17 billion for the biggest weapons programs that are working on a program that Pentagon F-35 fighter, a little less of the $ 9.25 billion requested in fiscal year 2012.
Panetta announced last month that the Pentagon will slow the production of the new fighter to allow more time to test and to avoid costly modifications.

Source: Reuters

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