Comptroller.defense.gov

OFFICEOF

OF THE

THE UNDER

OFOF

DEFENSE

OFFICE

UNDERSECRETARY

SECRETARY

DEFENSE

OFFICE

OF THE UNDER SECRETARY

DEFENSE

(COMPTROLLER)/CHIEF

FINANCIAL OF

OFFICER

(COMPTROLLER/CHIEF FINANCIAL OFFICER

(COMPTROLLER)/CHIEF FINANCIAL OFFICER

MARCH

2022

MARCH

MARCH 2023

2023

Defense

Budget Overview

UNITED STATES

DEPARTMENT

OF DEFENSE

UNITED STATES DEPARTMENT OF DEFENSE

FISCAL

YEAR

2024

BUDGET

UNITED STATES

DEPARTMENT

OFREQUEST

DEFENSE

FISCAL

YEAR

2024 BUDGET

REQUEST

FISCAL YEAR 2023 BUDGET REQUEST

0

2022 National Defense Strategy

? DoD will act urgently to sustain and strengthen U.S. military credibility and

deterrence capability, guided by four top-level defense priorities:

¨C Defend the U.S. homeland, paced to the growing multi-domain threat posed by the People¡¯s

Republic of China (PRC).

¨C Deter strategic attacks against the United States, our Allies, and our partners.

¨C Deter aggression, while being prepared to prevail in conflict, should deterrence fail, focusing

first on the PRC challenge in the Indo-Pacific, followed by the Russia challenge in Europe; and

¨C Build a resilient Joint Force and defense ecosystem.

? DoD will advance our priorities through:

¨C Integrated deterrence

¨C Campaigning

¨C Building enduring advantages

? FY 24 Budget supports and implements 2022 National Defense Strategy

¨C Recognizes China as our key strategic competitor and pacing challenge

¨C Russia remains an acute threat to interests of U.S. and our allies

¡°We've got the right strategy and the right operational concepts ¨C driving us to make the right investments for our

warfighters. So we're upgrading, and honing, and strengthening our armed forces for a changing world, even as

we shore up the strong foundation that has kept us secure for decades. Because in our imperfect world,

deterrence does come through strength.¡±

¨C Secretary of Defense Lloyd J. Austin

1

FY 2024 National Defense Discretionary Budget Request

(Dollars in Billions)

Army

FY 2022

3/

Actuals

174.1

Navy

By Department/Agency

FY 2023

Enacted

FY 2024

Request

184.9

185.3

220.1

243.0

255.8

Air Force

221.0

246.8

259.2

Defense-Wide

127.0

141.3

141.7

742.2

816.0

842.0

Atomic Energy Defense Activities

29.1

31.6

32.8

Defense-related Activities

10.6

11.0

11.5

National Defense ¨C Total

781.9

858.6

886.3

Department of Defense ¨C Total

1/ 2/

1/ FY 2023 and FY 2024 exclude $400M in CHIPS Act funding, which is not part of the discretionary budget total

2/ Excludes Supplemental Funding

3/ FY 2022 Department/Agency breakout updated March 15, 2023

? $26.0 billion increase (+3.2 percent) over FY 2023 enacted base level of $816.0 billion

? $100 billion increase (+13.4 percent) from FY 2022 base level

? Addresses both the urgency of 2022 NDS implementation and recent inflationary

impacts

FY 2024 Budget Deepens and Enhances the Linkage to the 2022 NDS

2

DoD Topline Growth FY22 ¨C FY23 ¨C FY24 Budgets*

$915 B

$900

$850

$842 B

$834 B

TY ($B)

$816 B

$816 B

$801 B

$800

$747 B

$750

$742 B

$704 B

$715 B

$700

FY 21

FY22

FY22 President's Budget Request

FY23

FY24

FY25

FY23 President's Budget Request

FY26

FY27

FY28

FY24 President's Budget Request

* Excludes Supplemental Funding

Increase of nearly $100 billion per year from PB 2022 levels

3

DoD Budget FY 2010- FY 2024*

FY23 Supplementals

? Ukraine $35.7B

? Other $0.1B

Then Year $ Billions

900

852

Budget Control Act of 2011

800

700

842

777

691

723

687

671

645

578

600

581

580

688

705

606

560

500

816

400

842

742

300

600

528

528

530

495

496

497

FY13

FY14

FY15

521

523

FY16

FY17

616

633

639

FY20

FY21

200

100

FY10

FY11

FY12

* Discretionary Budget Authority

Base

OCO

FY18

FY19

FY22

FY23

FY24

Other Supplemental

Due to the threat landscape, FY 2024 budget may be the most consequential

4

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download