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Intel Briefing: US Department of Defense FY24 Budget Analysis

The fiscal year (FY) 2024 Department of Defense (DoD) President's Budget Request was released on 13 March 2023, with the request coming in at USD842 billion. The Janes Global Platforms and Systems (GPS) team highlights trends in the defence budget, provides insight into defence investment across the different services covered, and discusses major programs within each service. The FY 2024 FYDP is driven by the 2022 National Defence Strategy's need to modernise the US defence forces to keep up with global challenges.