Military Funding News

"Air Force Leaders Warn of Yearlong Funding Delay Impact on Modernization Efforts"

Air Force and Space Force leaders are warning of dire consequences if Congress fails to pass a fiscal 2024 budget, as the Pentagon is currently operating under a continuing resolution that limits funding and prevents the initiation of new programs. The looming 1% cut from fiscal 2023 funding levels would significantly impact procurement and modernization efforts, potentially delaying key programs like the F-35 Joint Strike Fighter and Space Force launches. Air Force Secretary Frank Kendall expressed frustration over the funding standoff, emphasizing the urgency of receiving the necessary resources to remain competitive, particularly for initiatives like the Collaborative Combat Aircraft program.