U.S. Army Apache helicopters take off at Camp Humphreys in Pyeongtaek, South Korea, Monday, March 4, 2024. North Korea called the ongoing South Korean-U.S.
“The defense budget — both the top line … and its allocation within the president’s budget request — is stifling the health of the NSIB.” “Failure to act on innovation priorities and pull through technologies at scale is materially affecting overall readiness levels and the ability to fight and win against a pacing competitor,” the report reads in part.
Concerns are growing in national security circles about inadequate investment to stay ahead of U.S. rivals, particularly communist China. Stockpile shortages appear to be rising as weapons are shipped to allies such as Ukraine. “As long as we hold flat in nominal terms, that means we’re going down relative to inflation,” he said. “Meanwhile, the economy is still growing, so we’re going down even faster relative to the size of GDP.”