The US has placed a $715bn defence budget request for fiscal year 2022, a nearly $10bn increase from what was allocated to the Defense Department last fiscal.
The spending request proposes largest-ever research, development, test and evaluation investment as well as modernisation of nuclear arsenal to deter emerging challenges.
Additionally, the budget request allocated a further $37.9bn for the Department of Energy and other agencies bringing total national security budget to $752.9bn. This represents a 1.6% increase from the fiscal 2021 enacted budget.
Overall, the budget request proposed a $112bn investment to boost research, a 5.1% increase compared to fiscal 2021.
US; Biden administration requests $715Bn. Defense budget fo 2022