The Biden-Harris Administration has submitted theFiscal Year 2024 Budget, requesting $842bn for the US Department of Defense (DoD). The request this year is 3.2%, or $26bn, more than the fiscal year 2023 enacted level, and approximately $100bn higher than the year before. Specific detai...
The Acquisition + RDT&E budget of the US remains high at 33.5% of the total budget ($921.0 billion) in 2025. The US military remains the world’s largest spender to maintain its uniquely globe-spanning presence, with major power projection and expeditionary capabilities; when it is not fighti...
US Senate plans to booster FY2025 acquisitions with an extra $10 billion despite budget cuts to major programmesFlavia Camargos PereiraUnmanned Vehicles
The latest budget update from the nonpartisan Congressional Budget Office (CBO) found that the federal government has spent more onpaying interest on the national debtthan on the military in fiscal year 2024. The CBO's budget report for March showed that the U.S. has spent $412 billion on ...
Military spending would be allowed to increase over the next two years. The debt-ceiling standoff prompted ratings agencies to warn that they might downgrade U.S. debt, which underpins the global financial system. Markets have reacted positively to the agreement so far. (Reporting by M...
With the success of the ISV, GM Defense is setting its sights on other opportunities with the Army and other military services. “We have a strong interest in the Joint Light Tactical Vehicle Program,” Albritton said. The Armyis planning to re-compete for the JLTV and for new Humvees to...
Poroshenko Prepares To FleeAfter Destroying Ukraine and Looting Its Military Budget! COMING SOON! Stay Tuned for Major Earth Shift Podcasts: The Battle for Russian Gas! Last Effort to Stop Nord Stream-2! Will Putin Deal With Neo-Liberals in Russian Government?
What followed was two nights of armed attacks on Palestinian villages that destroyed homes and cars and left dozens injured, according to the Israeli military and the Palestinian Ministry of Health. The violence reflects the anger over the cease-fire deal among people on Israel’s extreme right ...
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coupled with increasing space exploration activities and growing satellite launches for various commercial and military applications, continues to drive market growth. The US Space Force's request for a USD 30 billion budget for fiscal year 2024, marking a 13% increase from the previous year, furthe...