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.
US Airways has reported February 2010 combined traffic figures for Piedmont Airlines and PSA Airlines, its two wholly-owned subsidiaries which operate under the US Airways Express brand.
The airlines generated 137,840,000 revenue passenger miles (RPMs), a 7.1% decrease compared with last February’s 148,355,000. Available seat miles were also down, by 13.0%, to 209,951,000 from 241,407,000 for the respective periods.
With ASMs falling more than RPMs, the load factor went up by 4.2 percentage points in February to 65.7% from 61.5% a year ago. Passenger numbers were also down though at 499,594 from last February’s figure of 554,389, a 9.9% decrease.
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.