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Home Industry News

Sens. Jack Reed, Jim Inhofe Begin Deliberation on FY23 Defense Authorization Bill

by Jane Edwards
October 12, 2022
in Industry News, News
Sens. Jack Reed, Jim Inhofe Begin Deliberation on FY23 Defense Authorization Bill

Senate Armed Services Committee Chairman Jack Reed, D-R.I., and Sen. Jim Inhofe, R-Okla., the panel’s ranking member, on Tuesday brought to the Senate floor the fiscal year 2023 National Defense Authorization Act to kick off deliberation on the bill.

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The FY 2023 NDAA would authorize $817 billion for the Department of Defense and $29 billion for the Department of Energy’s national security programs, the Senate panel said Tuesday.

The legislation would authorize $1 billion for the National Defense Stockpile to buy critical minerals and provide funding increases for hypersonic weapons, microelectronics and unmanned aircraft and acquisition of combat aircraft, armored fighting vehicles, long- and short-range fires, naval surface and undersea vessels and munitions.

The bill also includes support for U.S. Cyber Command’s artificial intelligence capabilities and Hunt Forward Operations and for the modernization of the U.S. nuclear triad to enhance deterrence.

The measure would authorize $800 million to provide Ukraine with security assistance and cover support for the Pacific Deterrence Initiative and European Deterrence Initiative.

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