Us Defence Budget 2024. Congress early on saturday passed the fiscal 2024 defense spending bill, nearly halfway through the fiscal year that began in october and hours after funding for. Congress passed the 2024 national defense authorization act, which is expected to be signed by the president and authorizes a pay raise for both service.
The $842 billion fiscal year 2024 budget request for the defense department is driven in large part by strategic competition with china, secretary of defense lloyd j. The budget request includes $29.8 billion for missile defense;