DOD recalibrates, ratchets up Pacific Defense Initiative funding in FY-24 by 33%

By Jason Sherman / March 15, 2023 at 2:38 PM
The Biden administration is fundamentally recalibrating Indo-Pacific plans in the fiscal year 2024 budget request, increasing total spending to counter China by nearly 33% compared with last year's Pacific Defense Initiative forecast, increasing scores of projects by more than $3 billion in part by shifting $850 million away from previous PDI priorities. On March 13, the Pentagon published its Pacific Defense Initiative proposal for FY-24 , funding that is a subset of the total annual spending request, that details $9.1...

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