The Biden administration’s defense budget for fiscal 2025 is only a 1 percent increase from last year’s, a slowdown in spending that will prevent the Pentagon from quickly refilling weapons stocks gutted by the wars in Ukraine and Israel, according to documents released Monday. The $895.2 billion proposal, while the highest number ever for defense,…
The Navy will cut its purchase of Virginia-class submarines and F-35C Lightning II carrier-based fighter jets in fiscal 2025 amid uncertainty over budget constraints, including the 2024 defense appropriation stalled in Congress.