US Government Increases Munitions Budget Amid Depleted Aid Stores and Surge Capacity Concerns

The US is facing a shortage of missiles and munitions as it continues to send aid to Ukraine, with stockpiles depleted to the point where it could take years to replace them. The Biden administration has proposed an $842 billion budget for the Department of Defense, including $19.2 billion for modernizing facilities and increasing production of naval and anti-strike missiles. The US is currently pushing suppliers to capacity to meet current wartime demands in Ukraine and keep pace with China's production.