Us Defence Budget 2024. Defense fiscal year 2024 appropriations bill. President joe biden unveiled a nearly $1.9 trillion fiscal year 2024 budget request, including $842 billion for the defense department — $26 billion more than.

Military spending/defense budget for 2020 was $778.40b, a 6% increase. For fiscal year 2024, the bill provides $826.45 billion in new discretionary spending, which is $285.87 million over the president’s budget request and $28.71.