The Biden administration has requested a budget of $849.8 billion for the Department of Defense for fiscal year 2025. These funds are intended to support the implementation of the 2022 National Defense
MoreFrank Kendall, secretary of the Air Force and a 2024 Wash100 awardee, discussed the service branch’s budget plans for its top priorities, including its plans for reoptimizing the force in an era
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The Congressional Budget Office has released its updated online tool designed to help users see the effects of a potential increase or decline in the annual defense budget on the size and
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The Congressional Budget Office examined the Department of Defense’s plans between 2024 and 2028 as outlined in the 2024 Future Years Defense Program and projected that defense costs under such plans would
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Commission on Planning, Programming, Budgeting and Execution Chair Robert Hale and Vice Chair Ellen Lord said speed and agility of defense budgeting could help the Department of Defense strengthen deterrence and keep
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Arnold Punaro, CEO of the Punaro Group, said the U.S. needs 3 to 5 percent real growth in defense budgets to implement the National Security Strategy amid the great power competition with
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House Speaker Kevin McCarthy said he expects the lower chamber to vote this week on his proposal to raise the U.S. debt ceiling by $1.5 billion to prevent a default until the
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Lloyd Austin, secretary of the Department of Defense and a 2023 Wash100 inductee, said the president’s fiscal year 2024 budget request of $842 billion for DOD includes multiyear procurement authorities and over
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Kathleen Hicks, deputy secretary of the Department of Defense, said the Biden administration’s proposed fiscal year 2024 defense budget of $842 billion would allocate $33.3 billion for the development of a resilient
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Adm. Christopher Grady, vice chairman of the Joint Chiefs of Staff, cited the defense supply chain and the pacing challenge of China as some of the key priorities to justify the $842
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