HIGHLIGHTS |
FY24 Conference Authorization Highlights
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The FY24 National Defense Authorization Act was signed into law by President Joe Biden on December 22, 2023. The legislation previously passed the Senate on December 13 by a vote of 87-13 and cleared the House on December 14 by a vote of 310-118. The legislation supports $883.7 billion for national defense, comprising $841.4 billion for the Pentagon, $32.4 billion for national security programs within the Department of Energy, $438 million for defense-related activities outside of the Pentagon, and $9.5 billion worth of defense activities that fall outside of the jurisdiction of the NDAA.
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FY24 Senate Authorization Highlights
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The Senate's version of the FY24 National Defense Authorization Act authorizes $886.3 billion for national security, which is in line with the president's request and the spending limits established by the recent debt ceiling deal. That figure includes $844.3 billion for the Department of Defense. However, the committee says the spending limits are too low and urges the president to send an emergency supplemental funding request to Congress to address growing national security concerns. Specifically, the committee wants to see additional funding in FY24 for Ukraine, increased munitions production, and additional naval vessels and combat vehicles.
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FY24 Senate Appropriations Highlights
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The Senate Appropriations Committee passed its version of the FY24 defense appropriations bill on July 27 by a vote of 27-1. The legislation provides $831.8 billion in total funding, reflecting a $5.1 billion increase over the request.
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NEWS |
USAF FY25 Unfunded Priorities List Highlights Spare Parts, Not Aircraft |
WASHINGTON - According to the Air Force’s unfunded priorities list, the service is requesting an additional $3.5 billion on top of its $188.1 billion fiscal year 2025 budget request. The top unfunded priority on the Air Force’s list is for exercises in the Indo-Pacific, which is followed in order of importance by carrying out construction projects, [...]
Source: Breaking Defense Source Date: 03/28/2024
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Navy's FY25 Unfunded Priorities List Highlights Submarine Industrial Base |
WASHINGTON - To supplement its $257.6 billion FY25 budget request, the US Navy is requesting $2.2 billion to fund 13 items on its unfunded priorities list. The Navy’s number one priority on the list is an additional $403 million investment in the submarine-industrial base. This funding would add to the $3.9 billion included in the budget request re [...]
Source: Defense News Source Date: 03/26/2024
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Congress Passes FY24 Defense Appropriations Bill |
WASHINGTON - The FY24 defense bill was finally signed into law over the weekend, ending nearly six months of continuing resolutions. The House passed the bill on March 22 by a vote of 286-134. The Senate passed the bill on March 23 by a vote of 74-24, and the bill was signed into law later that day.
The bill provides $824.3 billion in new discre [...]
Source: Congress Source Date: 03/26/2024
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