On November 8, 2017, the House and Senate Armed Services Committees released a conference report detailing their compromise FY18 National Defense Authorization Act (NDAA). The report, which merges the bills each committee passed earlier this year, outlines the policy goals and authorization levels for defense spending contained in the NDAA. With a total topline defense budget of about $700 billion, the NDAA surpasses both President Trump's budget request and the DoD's initial requests. The significant boost over the FY17 NDAA is designed to improve military readiness, drive military infrastructure advances and provide critical reforms.
We discuss the new NDAA's acquisition reform initiatives and its provisions to strengthen cybersecurity, increase the size of the Armed Forces, and modernize military infrastructure and capabilities.
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.