US FY2023 defence budget emphasises investments in modernisation and procurements
F-35 programme will receive extra funds in FY 2023. (Photo: USAF)
After operating under temporary funding for over two months, the US Congress reached an agreement on the FY2023 defence budget and approved a $816.7 billion bill. The National Defense Authorization Act was signed into law by president Joe Biden on 23 December.
The fund is nearly $3.4 billion higher than the amount requested by the Pentagon, and comprised additional funds for the DoD and its services and agencies.
The appropriations act released by the US Senate on 20 December earmarked over $300 billion for procurement, research, development, test and evaluation efforts, which represents $27 billion more than the funds the Pentagon solicited.
The bill
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
Ireland spells out $2.3 billion shopping list in five-year defence spending plan
Ireland’s multi-annual investment in capital defence spending is set to rise from €300m in 2026 to €360m in 2029–2030 with major upgrades across land, air, maritime and cyber domains.
-
Canada to deepen integration of multi-domain capabilities to strengthen its defences
The Canadian Department of National Defence has created new organisations to manage the procurement and integration of all-domain solutions and allocated US$258.33 million to strengthen production capacities.
-
US National Security Strategy prioritises advanced military capabilities and national industry
The 2025 NSS has emphasised investment in the US nuclear and air defence inventory and national industry, but it leaves multiple unanswered questions on how the White House will implement this approach.
-
Canada set to look away from its neighbour and across the Atlantic for partners
While non-EU UK struggles to join the Security Action for Europe initiative, which provides loans for defence programmes, Canada has become the first country outside Europe to get access – and did so for a nominal fee.
-
NATO experiments with solutions to integrate networks, AI and uncrewed systems
During the latest edition of the NATO DiBaX, the alliance tested multiple capabilities to inform requirements for future efforts.
-
Leonardo unveils plans for Michelangelo air defence dome
The new multi-layered defence system will harness AI to neutralise airborne threats and protect Europe from Russian aggression.