Biden Asks for Massive $886 Billion Military Budget for 2024 - News From Antiwar.com
The White House is asking Congress for a whopping $886.4 billion military budget for the fiscal year 2024, with $842 billion of it going to the Pentagon. The rest would go toward other federal agencies’ military spending, including the Energy Department’s ...
According to Responsible Statecraft, more than half of the budget will likely go to defense contractors, with Lockheed Martin, General Dynamics, Boeing, Northrop Grumman, and Raytheon getting the biggest chunk. The budget includes $170 billion for weapons procurement and $145 billion for the research and development of new arms.