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Defense Budget: Trump Signs $738 Billion

Disputed Waters - Japan and China Face Off In East China Sea

US President Donald Trump signed a massive defense bill Friday that officially ushers in the Space Force and has a top line number for the fiscal year of 2020 that will set the tone for future spending. Of course the China challenge will be on the minds of US presidents for decades to come. The $738 billion for fiscal 2020 shows a healthy increase of $21 billion over the fiscal 2019 budget. The budget allocates $57.7 billion for the air domain and that includes $11. 2 billion for 78 new F-35 jets. The total of 90 F-35 Joint Strike Fighters is the next batch that includes bot Lockheed Martin and a host of other contractors.

The funds are also for 48 AH-64E attack helicopters, as well at F-18 Super Hornets and 8 F-15EX jets. The new B-21 bomber called the “Raider” which is made by Northrop Gruman, is also being allocated funds to kick off the program. The Pentagon asked for $34.7 billion, the largest request for 20 years of shipbuilding to expand the Navy fleet. The Navy is surely excited as there will be 10 new Virginia class attack submarines built in this current request. The Army has requested 131 armored multipurpose vehicles while the Abrams tank order has been set at 165 new tanks.

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