Negotiations are underway for the Fiscal Year 2024 National Defense Authorization Act, which currently contains some hefty defense investments for Virginia.
The NDAA has been passed and enacted for 62 years, allowing Congress to authorize and provide guidance on defense policy and military spending. This NDAA seeks to authorize a total of $886.3 billion for national defense funding in FY 2024, with $844.3 billion going to the Department of Defense, $32.4 billion to the Department of Energy and $9.5 billion for “defense-related activities outside of NDAA jurisdiction.”
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