Pentagon rolls out $718 billion budget for 2020


The US Department of Defence has rolled out its $718 billion budget request for the fiscal 2020, with a substantial hike in war funding aimed at circumventing a budget gap.

“This strategy-driven budget makes necessary investments in next-generation technology, space, missiles and cyber capabilities,” Acting Defence Secretary Patrick Shanahan said in a statement on Tuesday.   “The operations and capabilities supported by this budget will strongly position the US military for great power competition for decades to come.”

The budget request will pay for a 3.1 per cent military pay raise, 78 F-35 joint strike fighters, the Columbia class ballistic missile submarine programme, one Ford class aircraft carrier, three Virginia class submarines and three Arleigh Burke destroyers, among other hard and software, according to a breakdown provided by the Pentagon.   Read More

You may also read!

Naresh Goyal in talks with Hindujas to rescue Jet Airways, offers to pay Rs 200 crore in bidding process

Etihad Airways, the Hinduja Group and the London-based AdiGro Group may come together to rescue debt-laden Jet Airways. ET

Read More...

Assam Rifles and Coast Guard sign Charter of Affiliation

The Assam Rifles and the Indian Coast Guard on Wednesday signed a 'Charter of Affiliation' to utilise each other's

Read More...

Iraq calls upon Indian companies to participate in its leading defence exhibition in Baghdad in 2020

The Commercial Attaché at the Embassy of Iraq has invited Indian companies or industries to participate in the defence

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu