US FY2024 funding package passes as China closes military capability gap
By entering into force, the Appropriations Act will enable the US military to advance with Tomahawk missile production. (Photo: US Navy)
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.
Democrats and Republicans reached an agreement and passed the US government FY2024 funding package. The bill came into law on 23 March 2024 enabling the US military to access funds of the National Defence Authorisation Act (NDAA) and progress with their main acquisition and development programmes.
Approved by the US Congress and signed by President Joe Biden in December 2023, the NDAA had been awaiting the entry into force of the 2024 Appropriations Act.
“The [FY2024 funding package] avoids a devastating year-long CR (continuing resolutions) that every single service chief told us would be a disaster for the Department of Defense (DoD),”
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Malaysia’s defence budget sets out major procurement goals for 2026]()
Malaysia’s defence budget sets out major procurement goals for 2026
The country has allocated RM21.70 billion for defence spending next year, with some major procurements set to be initiated across the country’s army, navy and air force.
-
![GAO highlights the need for more commercial data and availability improvements]()
GAO highlights the need for more commercial data and availability improvements
The US Government Accountability Office recently released two reports; one into the availability of selected equipment and another looking at how the government gets data and intellectual property rights through contracting.
-
![How Canada plans to “seize” the opportunity to increase investments in defence]()
How Canada plans to “seize” the opportunity to increase investments in defence
The Canadian Department of National Defence has been increasing efforts to accelerate the acquisition of new equipment and modernise its in-service inventory.
-
![Palantir and Boeing partner up to bring AI to defence manufacturing]()
Palantir and Boeing partner up to bring AI to defence manufacturing
The partnership with the US airframer will see Palantir’s AI software leveraged to help streamline data analytics across Boeing’s 12 factories on defence and classified programmes.
-
![DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities]()
DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities
DroneShield disclosed to Shephard its plans to increase its workforce and manufacturing capacities while strengthening partnerships with US suppliers.
-
![Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities]()
Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities
The technology organisation is expecting a significant rise in the number of staff working across robotics and digital solutions as it becomes more of a focal point.
