Spending on Third Offset Tech Growing Rapidly

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  1. AMDR

    AMDR Captain Staff Member Administrator

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    Spending on Third Offset Tech Growing Rapidly

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    August 2016
    By Jon Harper



    The Defense Department is pumping money into so-called third offset technologies intended to help the U.S. military maintain its technological edge.

    Between fiscal years 2011 and 2015, the Pentagon spent $27.8 billion on the portfolio, according to a recent report by analytics firm Govini. The Defense Department estimates that it will spend about $18 billion on the initiative over the next five years.

    The third offset “constitutes a massive overhaul in U.S. military operating concepts and technological investments,” the report said.

    There is no official third offset spending account in the Defense Department budget, so classifying particular items as such can be a subjective exercise.

    Govini grouped the technologies into five categories: target tracking; navigation and guidance systems; conventional long-range missiles; directed energy; and hypersonics.


    Rest of the article here: http://www.nationaldefensemagazine..../SpendingonThirdOffsetTechGrowingRapidly.aspx
     
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