US lawmakers warn that “more military spending is absolutely necessary” to ensure Pentagon’s readiness
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Allegiant Air has reported preliminary passenger traffic results for February 2010.
Revenue passenger miles (RPMs) totalled 393,891,000, 19.1% up on last February’s 330,856,000. Available seat miles (ASMs) also increased, by 17.6%, to 431,178,000 compared with 366,670,000 in the same period last year.
The load factor, already a considerable 90.2% last February, still rose by 1.2 percentage points to 91.4%. Allegiant carried 406,690 passengers in February, up 12.4% on the 361,778 carried in February 2009.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.
As gangs gain control of Port-au-Prince, Haiti’s Caribbean neighbours have been preparing to intervene in the failed state, with the US and other partners waiting in the wings with equipment and financial support.