Pentagon seeks $18.2B for missile stockpile

The U.S. Department of Defense has requested Congress to allocate $18.2 billion during the current fiscal year to fund missile stockpiles as part of a $67 billion emergency funding package. This is aimed at replacing Patriot, Tomahawk, and THAAD missiles amid fears of stock shortages amid escalating military tensions in the region, especially after attacks on U.S. bases in Iran. The funds primarily focus on purchasing $3.28 billion worth of three naval missile defense systems and $100 million for air-to-air missiles, in addition to bolstering both defensive and offensive missile stockpiles to address the rising military and security challenges.

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