But after adjusting for inflation, Federal obligations for research will decline slightly by 0.4 percent. The estimated obligations provided in this report are subject to change as Federal agencies' budgets are updated to reflect approved programs. DOD's obligations will drop on average 2 percent annually. In constant dollars, its funding will decrease at an estimated annualized rate of 5 percent over this seven-year period.
Advanced technology includes development for military and nondefense applications.
Major systems include testing and evaluation of mostly defense-related systems. This Federal Funds volume is the second to include such statistics on development funding. In constant 1992 dollars, basic research will decrease nearly 1 percent, and applied research will remain flat. That percentage increased slightly each year and reaches 21 percent in FY 1997, according to preliminary estimates. NSF reports a basic research funding growth rate of 1 percent, and DOD reveals a flat rate.