Flat US defence spending puts Pentagon under pressure

The Biden administration's requested defence budget increase for the next fiscal year is below the rate of inflation

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In this article

  • Budgetary constraints
  • Rising platform costs
  • Launching the Space Force
  • Navy faces shipbuilding challenges
  • Army has new equipment needs
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.