Armored Vehicles see big boost in 2016 US budget

Breaking is reporting that tanks and armored vehicles are getting a significant boost in the army budget.  The list five vehicles that will see significant funding increases in the 2016 request. Below are the items receiving funding increases with the benefiting company listed in parenthesis.

  • $368 million for upgrades to the M1 Abrams tank, up 50 percent from $237 million in fiscal 2015. (General Dynamics)
  • $225 million for upgrades to the M2 Bradley infantry fighting vehicle up 65 percent from $136 million in ’15. (BAE)
  • $230 million to begin detailed design of the Armored Multi-Purpose Vehicle (AMPV), a turretless support variant of the Bradley, up 150 percent from $92 million. (BAE)
  • $152 million to further refine the upgraded M109 Paladin howitzer (Paladin Integrated Management or PIM) —  up 90 percent from $80 million. (BAE)
  • $308 million to buy 450 Joint Light Tactical Vehicles (JLTV)  up 86 percent from $165 million. (undecided, the three candidates are Lockheed Martin, AM General, and Oshkosh.)