Washington: President Joe Biden’s biggest peacetime U.S. Defense The $886 billion budget request includes a 5.2% pay raise for troops and the largest allocation on record for research and development, with Russia’s war on Ukraine increasing calls for more spending on weapons.
Biden’s request is for $842 billion pentagon and $44 billion for defense-related programs in the Federal Bureau of Investigation, Department of Energy and other agencies. The total amount of the 2024 budget proposal is $28 billion more than last year’s $858 billion.
Congress has indicated, as it often does, it will increase defense spending at Biden’s request during the month-long budget process that the request has begun. The Senate and House typically pass bills setting policy and spending levels for the Pentagon much later in the year.
Both Congress and the administration are eyeing a potentially prolonged war in Ukraine and potential future conflicts with Russia and China.
“Our biggest measure of success, and the one we use here too often, is to ensure that the leadership of the PRC (People’s Republic of China) wakes up every day, considers the risks of aggression, and concludes, ‘Today is not the day,’ Deputy US Defense Secretary Kathleen Hicks said on Monday.
Relations between the United States and China have become highly contentious on issues ranging from trade to espionage as the two powers compete for influence in parts of the world far beyond their borders.
“This top line request serves as a useful starting point,” US Senator Jack Reed, chairman of the Senate Armed Services Committee, said in unveiling the budget figures on Thursday.
This budget will be the first to purchase missiles and other ammunition with multi-year contracts, something that is routine for planes and ships as the Pentagon deals with top arms makers such as Raytheon Technologies Corp., Lockheed Martin Corp. and Aerojet Rocketdyne Holdings. indicates sustainable demand for Inc.
The Ukraine war has shown the US military it needs to make certain types of ammunition to help interpret multi-year contracts for weapons that could also potentially be used in a military conflict with China. Can
advanced missiles
The budget promotes the purchase of sophisticated missiles such as the Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER), and the Advanced Medium Range Air-to-Air Missile (AMRAAM). A senior US defense official said, “They are for broad strategy – for a high-end fight. They are not ground warfare material,” such as those being used in Ukraine.
Thus far, funding to replenish munitions shipped to Ukraine, including JAVELIN and Guided Multiple Launch Rocket Systems (GMLRS), was handled by $35.7 billion in supplemental funds enacted in 2022. The budget is similar to Pentagon aid to Ukraine. last year. If Ukraine needs more money, another supplementary request could be drawn up, the senior defense official said.
The 2024 budget boasts a historically large research and development budget for the Pentagon – $145 billion is set aside to develop new weapons such as hypersonic missiles, which are fired into the upper atmosphere and even That can escape even from advanced radar systems. Russia has used these missiles in Ukraine.
Biden’s budget request has increased the Defense Department’s pace of buying the stealthy F-35 fighter jets to 83. The F-35 is the Pentagon’s largest weapons program and will be the linchpin of US air power for the foreseeable future.
The 2023 budget request called for 61 F-35 jets to be built by Lockheed Martin and Congress raised that number to 77.
Other top priorities of this budget are modernizing the US nuclear “triangle” of ballistic missile submarines, bombers and land-based missiles, shipbuilding and developing capabilities in space.
The biggest US defense contractors, including Lockheed, Raytheon, Northrop Grumman Corp and General Dynamics Corp, will benefit from the budget.
Some of that investment is funded by asking the Navy to retire equipment such as the Navy’s two aging Littoral Combat Ships, the Air Force’s non-combat-ready F-22 Raptor jet fighters and 42 older A-10 Warthogs, Which America took back. Afghanistan has become less essential in the last year as they are vulnerable to more sophisticated enemies.
Biden’s request is for $842 billion pentagon and $44 billion for defense-related programs in the Federal Bureau of Investigation, Department of Energy and other agencies. The total amount of the 2024 budget proposal is $28 billion more than last year’s $858 billion.
Congress has indicated, as it often does, it will increase defense spending at Biden’s request during the month-long budget process that the request has begun. The Senate and House typically pass bills setting policy and spending levels for the Pentagon much later in the year.
Both Congress and the administration are eyeing a potentially prolonged war in Ukraine and potential future conflicts with Russia and China.
“Our biggest measure of success, and the one we use here too often, is to ensure that the leadership of the PRC (People’s Republic of China) wakes up every day, considers the risks of aggression, and concludes, ‘Today is not the day,’ Deputy US Defense Secretary Kathleen Hicks said on Monday.
Relations between the United States and China have become highly contentious on issues ranging from trade to espionage as the two powers compete for influence in parts of the world far beyond their borders.
“This top line request serves as a useful starting point,” US Senator Jack Reed, chairman of the Senate Armed Services Committee, said in unveiling the budget figures on Thursday.
This budget will be the first to purchase missiles and other ammunition with multi-year contracts, something that is routine for planes and ships as the Pentagon deals with top arms makers such as Raytheon Technologies Corp., Lockheed Martin Corp. and Aerojet Rocketdyne Holdings. indicates sustainable demand for Inc.
The Ukraine war has shown the US military it needs to make certain types of ammunition to help interpret multi-year contracts for weapons that could also potentially be used in a military conflict with China. Can
advanced missiles
The budget promotes the purchase of sophisticated missiles such as the Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER), and the Advanced Medium Range Air-to-Air Missile (AMRAAM). A senior US defense official said, “They are for broad strategy – for a high-end fight. They are not ground warfare material,” such as those being used in Ukraine.
Thus far, funding to replenish munitions shipped to Ukraine, including JAVELIN and Guided Multiple Launch Rocket Systems (GMLRS), was handled by $35.7 billion in supplemental funds enacted in 2022. The budget is similar to Pentagon aid to Ukraine. last year. If Ukraine needs more money, another supplementary request could be drawn up, the senior defense official said.
The 2024 budget boasts a historically large research and development budget for the Pentagon – $145 billion is set aside to develop new weapons such as hypersonic missiles, which are fired into the upper atmosphere and even That can escape even from advanced radar systems. Russia has used these missiles in Ukraine.
Biden’s budget request has increased the Defense Department’s pace of buying the stealthy F-35 fighter jets to 83. The F-35 is the Pentagon’s largest weapons program and will be the linchpin of US air power for the foreseeable future.
The 2023 budget request called for 61 F-35 jets to be built by Lockheed Martin and Congress raised that number to 77.
Other top priorities of this budget are modernizing the US nuclear “triangle” of ballistic missile submarines, bombers and land-based missiles, shipbuilding and developing capabilities in space.
The biggest US defense contractors, including Lockheed, Raytheon, Northrop Grumman Corp and General Dynamics Corp, will benefit from the budget.
Some of that investment is funded by asking the Navy to retire equipment such as the Navy’s two aging Littoral Combat Ships, the Air Force’s non-combat-ready F-22 Raptor jet fighters and 42 older A-10 Warthogs, Which America took back. Afghanistan has become less essential in the last year as they are vulnerable to more sophisticated enemies.
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