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#KEM Attends Defense Week 2018

Each year, the #KEM Team looks forward to participating in the event lineup of #DefenseWeek.

As a team, it is a privilege to attend and support each activity throughout this week held in Washington, D.C.  The week began with the Defense Week Kickoff Reception on Sunday, April 8th at the Kongsberg Lounge, followed by these notable events:
  • Navy League 4/9: Located in Gaylord, with distinguished attendees – the Sea Air Space event serves as the largest Navy tradeshow in the United States, with more than 15,000 participants this year.
  • NADIC Reception 4/10: KEM honored to attend these events at the Capital Yacht Club in anticipation of Thursday’s Conference.
  • NADIC’s 6th Annual Norwegian-American Defense Conference 4/12: Focus on NATO & the Northern Flank – Securing the Maritime Profile of the Alliance, located at the National Press Club of DC. Appreciation to all sponsors involved in executing this crucial event. As a team, KEM is both honored and proud to support NADIC’S Vidar Skjelstad. We continue toward the goal of (SMART) Alliances for the future. It was a pleasure to listen to esteemed speakers Secretary of the Navy, the Honorable Richard V. Spencer as well as Secretary in the Ministry of Defence, Ms. Tone Skogen. A significant moment to witness the signing ceremony of a (SoSA) Security of Supply Arrangement between the US & Norway. Congratulations to NADIC for their 6th Annual Conference.

    #KEM’s Ken Miller honored to be a member and attend #NADIC2018 Conference with strategic partner Vidar Skjelstad, President of Kongsberg Gruppen and NADIC.

  • KDS Seapower Conference 4/13: Technology conference located in Alexandria, VA to close out Defense Week 2018. KEM’s Ken Miller presented the FY 2019 Budget and Defense Trends with Strategic Partner Admiral Nathman.

KEM supports #DefenseWeek in all facets and continues to recognize the importance of this event for the Defense Market. Great appreciation to all involved for a successful and productive week!

#KEM Continues to Monitor the 2018 “Skinny Budget” and Its Prospects of Getting Through Congress

Able to Strike a Defense Balance? Defense Increases for 2018, $30 Billion Supplemental for 2017

Proposed Changes to Agency Discretionary Budgets in 2018 (Bloomberg Politics)

President Trump released his 2018 Budget, known as “the skinny budget” in Washington, which includes defense spending of $639 billion, including $65 billion for ongoing emergency war-fighting. This represents a $54 billion increase in defense spending, to be offset by corresponding reductions to non-Defense programs. In addition, the Trump Administration sent a $30 billion 2017 defense supplemental budget request to add $25 billion into 2017 Department of Defense base budget bringing it to $576 billion and adding $5 billion to the emergency wartime spending fund.

#KEM continues to monitor the 2018 “skinny budget’s” prospect of getting through Congress as it seems to not please the left, middle, and far right.  In addition, #KEM continues to track the extent to which budget deliberations ultimately strike a balance between readiness, modernization, and acquisition programs to support the base-budget programs, cyber and intelligence, and counter terrorism capabilities of the current defense strategy.  The full budget will be released in May and needs Congressional approval to become law.

Katherine Blakeley, research fellow at the Center for Strategic and Budgetary Assessments (CSBA) on the Defense and Aerospace Report: CSBA Blakely on Trump Budget Proposal

Featured Image (Defense.gov)