The White House unveiled in recent hours its new defense investment plan for fiscal year 2023. Specifically, US President Joe Biden has proposed spending of 813.3 billion dollars. A figure that marks a +10% from 2021 (+31 billion). The goal is twofold: to respond to Russia and to counter China's military buildup. 

The plan includes various types of investments: missiles with miniaturized nuclear warheads, intercontinental rockets, new atomic-powered submarines built by the company General Dynamics, new electronic systems for Lockheed Martin F-35 fighter planes. 

Among the other items of expenditure there are 6.9 billion dollars destined to NATO (North Atlantic Treaty Organization) to counter the threats of Russia; 5 billion for the realization of anti-missile defense systems; 4.1 billion in research and development; salary increases for civilian and military personnel of the US Department of Defense.

The plan constitutes a spending proposal and therefore, not being executive, is now under consideration by the US Congress, which will have to examine it and submit it to a political vote. However, according to several analysts, Biden could meet with skepticism even from the progressive wing of the House.

On the same subject see the article published by AVIONEWS.