How the New Defense Budget Supports Army Modernization

Find out who the real winners are this year.

With the ever-shifting nature of the U.S. Federal Budget negotiations, uncertainty about potential spending is higher than usual due to the upcoming elections. As the U.S. Army prepares to modernize its aircraft fleet to harness the power of new vertical flight technology with greater range and versatility, the requested budget is critical to making the modernization effort successful. Fortunately, the 2021 budget proposes $1.57 billion annually - up from $950 million last year – for the Future Long-Range Assault Aircraft (FLRAA) program, which would replace the UH-60 Black Hawk.

After reviewing the Pentagon’s proposed budget, The Motley Fool likes the V-280’s chances of winning the award. Read the full article below: