Military spending rose 14% over President Biden’s four-year term to $841.4 billion in the fiscal 2024 appropriations bill signed into law last December.
The Biden administration’s directive to move Ukraine to the front of the line for the interceptors has been understood by other international customers.
The U.S. Army will seek to reduce funding in fiscal 2025 for a hypersonic missile program on the cusp of being fielded as part of an overall $185.9 billion budget proposal.
Lockheed Martin expects growing international demand to keep its F-35 production line running at pace amid a potential reduction in U.S. buys of the aircraft.
Multiple U.S. aircraft including B-1B long-range bombers conducted dozens of air strikes on Feb. 2 targeting Iranian officials and militias in Iraq and Syria.
The U.S. Department of the Treasury has announced sanctions against the Iraqi airline Fly Baghdad for providing materiel support to Iranian-backed militias.
The White House and the DOD have ordered separate reviews following Defense Secretary Lloyd Austin’s decision to not immediately disclose his hospitalization.
“I recognize I could have done a better job ensuring the public was appropriately informed. I commit to doing better,” Austin said in a Jan. 6 statement.
