With the Ukraine showing the U.S. military it needs to make bigger lots of weaponry, the budget will help to procure missiles and other munitions with multi-year contracts, as the Pentagon signals enduring demand to top munitions makers.
WASHINGTON -President Joe Biden's biggest peacetime U.S. defense budget request of $886 billion includes a 5.2% pay raise for troops and the largest allocation on record for research and development, with Russia's war on Ukraine spurring demand for more spending on munitions.
Congress has signaled, as it often does, it will increase defense spending over Biden's request during the months-long budget process that this request kicks off. The Senate and House typically pass bills setting policy and spending levels for the Pentagon much later in the year. "Our greatest measure of success, and the one we use around here most often, is to make sure the PRC leadership wakes up every day, considers the risks of aggression, and concludes, 'today is not the day,'" Deputy U.S. Defense Secretary Kathleen Hicks said on Monday.
"This top line request serves as a useful starting point," U.S. Senator Jack Reed, Chairman of the Senate Armed Services Committee, said when the budget figures were unveiled on Thursday.
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