DoD casts off interim funding as FY2022 budget tap turns on
After almost six months of hand-to-mouth funding via Continuing Resolutions (CRs), the US military can now make more certain progress with procurement and development programmes, after President Joe Biden signed the FY2022 federal government funding bill on 15 March.
It includes $728.5 billion for the DoD, which means an increase of $32.5 billion above 2021. A total of $144.9 billion is allocated to procure ground vehicles, aircraft, ships, munitions and other equipment. This amount is $12.4 billion higher than the budget request and $8.4 billion more than the DoD procurement budget for FY2021.
For the USN, it assigned $26.7 billion to purchase two Arleigh Burke
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Notes
-
Top-level commitments but no meat in UK Defence Industrial Strategy’s Statement of Intent
The initial document focused more on creating the right partnerships and inspiring investment in defence than on any details of how future UK Armed Forces would be armed.
-
What the future holds for Ukraine and NATO under a Trump administration
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
-
RUSI deputy: UK needs longer procurement plans and improved awareness of US sift to Indo-Pacific
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
-
Australia outlines longer punch and brings local industry onboard
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.