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Top News In Us Defence Budget Today - Breaking & Trending Today

Joe Biden proposes $1.8 bn for Indo-Pacific Strategy, $400 mn to counter China

Both are part of the $773 billion annual defence budget of the US for the year 2023, which was submitted by the White House to the Congress as part of its annual budgetary proposals. ....

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China hikes defence budget by 7.1 per cent to USD 230 billion

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China Wants To Control Indo-Pacific; Its Increasing Defence Spending a 'Disturbing Trend': Pentagon

China’s state legislature, the National People’s Congress (NPC), approved military spending of $209.16 billion in March, up 6.8 percent on the year before. Although. ....

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Joe Biden's defence budget aims to curb China, gives troops 2.7% raise

There is also money to further develop and test hypersonic weapons and other "next generation" systems as the military aims to build capabilities to counter Russia and China. Presidential budget requests, including those for the military, are commonly a starting point for negotiations with Congress, which ultimately decides how funds are spent. ....

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Chart: The Countries With The Highest Military Expenditure

Chart: The Countries With The Highest Military Expenditure
Five countries accounted for 62% of global military expenditure last year and the US was in first place, followed by China and India.
A Rafale fighter jet. Photo: Reuters/Charles Platiau/Files
World9 hours ago
According to the latest report by the Stockholm International Peace Research Institute (SIPRI), global defence spending grew to just under $2 trillion in 2020, a 2.6% increase on 2019 in real terms. That growth occurred in a year where global GDP contracted 4.4% due to the COVID-19 pandemic. Five countries accounted for 62% of global military expenditure last year and the US was in first place with $778 billion. ....

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