The US House or Representatives has approved a US$40bn defence budget increase.
The US$471bn budget does not include President Bush’s US$196bn request for funding operations in Iraq and Afghanistan, but does include US$12bn for new roadside bomb-resistant troop vehicles.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Most of the budget increase will be spent on procuring new and expensive weapons systems, including US$6.3bn for the next-generation F-35 Joint Strike Fighter.
The budget is US$3.5bn less than Mr Bush requested.
The bill will now be sent to the president to be signed into law.
By staff writer
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
