1 00:00:00,000 --> 00:00:00,000 2 00:00:07,530 --> 00:00:10,100 Hi everyone . Good morning . Thank you 3 00:00:10,100 --> 00:00:12,044 for joining us today . Today , the 4 00:00:12,044 --> 00:00:14,340 department is rolling out the fy 2024 5 00:00:14,340 --> 00:00:16,410 defense budget request . Joining us 6 00:00:16,410 --> 00:00:18,660 today is Deputy Secretary of Defense Dr 7 00:00:18,660 --> 00:00:20,716 Hicks and vice chairman of the Joint 8 00:00:20,716 --> 00:00:22,882 Chiefs of Staff , Admiral Grady . They 9 00:00:22,882 --> 00:00:25,104 will each provide remarks and then take 10 00:00:25,104 --> 00:00:27,271 a couple of questions . So with that , 11 00:00:27,271 --> 00:00:29,604 I will turn it over to Dr Hicks . Great , 12 00:00:29,604 --> 00:00:31,660 good morning . Thank you Sabrina and 13 00:00:31,660 --> 00:00:31,590 thank you all for joining us today . I 14 00:00:31,590 --> 00:00:33,590 am pleased to be here with the vice 15 00:00:33,590 --> 00:00:35,812 chairman of the Joint Chiefs of Staff , 16 00:00:35,812 --> 00:00:38,034 Admiral Grady To brief you on President 17 00:00:38,034 --> 00:00:40,090 Biden's fiscal year 2020 for defense 18 00:00:40,090 --> 00:00:43,440 budget request at $842 billion . This 19 00:00:43,440 --> 00:00:45,551 is the largest defense budget request 20 00:00:45,551 --> 00:00:47,773 in nominal terms that the United States 21 00:00:47,773 --> 00:00:49,607 has ever put forward . Thanks to 22 00:00:49,607 --> 00:00:51,551 relentless focus and senior leader 23 00:00:51,551 --> 00:00:53,551 attention over the last year . It's 24 00:00:53,551 --> 00:00:55,662 also the most strategy aligned budget 25 00:00:55,662 --> 00:00:58,340 in history , consistent with the 2022 26 00:00:58,340 --> 00:01:00,229 National Defense Strategy and the 27 00:01:00,229 --> 00:01:02,507 President's National Security Strategy . 28 00:01:03,230 --> 00:01:04,952 Nowhere is that alignment more 29 00:01:04,952 --> 00:01:07,174 pronounced than in the seriousness with 30 00:01:07,174 --> 00:01:09,119 which this budget treats strategic 31 00:01:09,119 --> 00:01:11,286 competition with the People's Republic 32 00:01:11,286 --> 00:01:13,452 of China . This budget delivers combat 33 00:01:13,452 --> 00:01:15,674 credible joint forces that are the most 34 00:01:15,674 --> 00:01:18,470 lethal resilient , survivable agile and 35 00:01:18,470 --> 00:01:21,380 responsive in the world . It is a force 36 00:01:21,390 --> 00:01:23,501 aimed at deterring and if called upon 37 00:01:23,501 --> 00:01:25,760 defeating threats today and tomorrow , 38 00:01:26,000 --> 00:01:28,470 even as the threats themselves advance 39 00:01:29,060 --> 00:01:31,950 our fy 24 budget request is a 40 00:01:31,950 --> 00:01:35,920 3.2% increase over fy 23 enacted and 41 00:01:35,920 --> 00:01:39,770 13.4% more than fy 22 enacted 42 00:01:40,100 --> 00:01:42,540 in all . President Biden is increasing 43 00:01:42,540 --> 00:01:45,510 D O D s top line by about $100 billion 44 00:01:45,520 --> 00:01:48,800 over Fy 22 to implement the NDS with 45 00:01:48,810 --> 00:01:50,900 urgency and build the right mix of 46 00:01:50,900 --> 00:01:54,020 capabilities . Whether for tackling the 47 00:01:54,020 --> 00:01:55,964 pacing challenge from the People's 48 00:01:55,964 --> 00:01:58,020 Republic of China or confronting the 49 00:01:58,020 --> 00:02:00,131 acute threat of Russian aggression in 50 00:02:00,131 --> 00:02:02,298 Europe , deterring threats from Iran , 51 00:02:02,298 --> 00:02:04,131 North Korea and global terrorist 52 00:02:04,131 --> 00:02:06,620 organizations or ensuring joint force 53 00:02:06,620 --> 00:02:08,620 effectiveness in the face of global 54 00:02:08,620 --> 00:02:10,564 challenges like climate change and 55 00:02:10,564 --> 00:02:13,350 biological threats . All of these are 56 00:02:13,350 --> 00:02:15,830 challenges duty confronts every day . 57 00:02:15,850 --> 00:02:18,240 Our goal is to deter because 58 00:02:18,240 --> 00:02:20,240 competition does not mean conflict 59 00:02:20,420 --> 00:02:22,450 still , we must have the combat 60 00:02:22,450 --> 00:02:24,561 credibility to win if we must fight . 61 00:02:24,760 --> 00:02:28,010 So first and foremost , this budget is 62 00:02:28,010 --> 00:02:30,140 a procurement budget . It puts its 63 00:02:30,140 --> 00:02:32,370 thumb on the scale in favor of game 64 00:02:32,370 --> 00:02:34,720 changing capabilities that will deliver 65 00:02:34,730 --> 00:02:36,786 not just in the out years but in the 66 00:02:36,786 --> 00:02:40,060 near term too . Our greatest measure of 67 00:02:40,060 --> 00:02:42,560 success and the one we use around here 68 00:02:42,560 --> 00:02:45,110 most often is to make sure the PCC 69 00:02:45,110 --> 00:02:47,720 leadership wakes up every day considers 70 00:02:47,720 --> 00:02:49,910 the risks of aggression and concludes 71 00:02:50,080 --> 00:02:52,520 today's not the day and for them to 72 00:02:52,520 --> 00:02:55,210 think that today and every day between 73 00:02:55,210 --> 00:02:58,630 now in 2027 , now in 2035 , 74 00:02:58,690 --> 00:03:01,330 now in 2049 and beyond 75 00:03:02,420 --> 00:03:04,680 this budget has many areas of critical 76 00:03:04,680 --> 00:03:06,624 investment which are briefers will 77 00:03:06,624 --> 00:03:08,458 further describe , but I want to 78 00:03:08,458 --> 00:03:10,569 highlight several that are especially 79 00:03:10,569 --> 00:03:12,750 noteworthy . The first is a series of 80 00:03:12,750 --> 00:03:14,417 investments to strengthen our 81 00:03:14,417 --> 00:03:16,720 military's so called kill chains and 82 00:03:16,720 --> 00:03:19,470 disrupt adversary kill chains . Making 83 00:03:19,470 --> 00:03:22,920 it easier for us to see sense and shoot 84 00:03:23,040 --> 00:03:25,262 and making it harder for adversaries to 85 00:03:25,262 --> 00:03:28,160 do that to us . These investments 86 00:03:28,160 --> 00:03:30,730 include a mix of munitions platforms , 87 00:03:30,740 --> 00:03:33,120 communications , data links , and cyber 88 00:03:33,120 --> 00:03:34,953 tools among other capabilities . 89 00:03:35,000 --> 00:03:37,660 Married with novel operational concepts 90 00:03:37,660 --> 00:03:40,690 for how to employ them together . They 91 00:03:40,690 --> 00:03:42,634 not only strengthen how we project 92 00:03:42,634 --> 00:03:44,810 power across long distances and hold 93 00:03:44,810 --> 00:03:47,410 key targets at risk including in highly 94 00:03:47,410 --> 00:03:50,050 contested environments . They also 95 00:03:50,050 --> 00:03:52,060 afford us the ability to disrupt 96 00:03:52,070 --> 00:03:54,181 potential adversaries at the military 97 00:03:54,181 --> 00:03:56,120 systems level . Ensuring that in 98 00:03:56,120 --> 00:03:58,220 conflict , adversary forces will be 99 00:03:58,230 --> 00:04:01,280 less than the sum of their parts in 100 00:04:01,280 --> 00:04:05,000 munitions alone were investing $30.6 101 00:04:05,000 --> 00:04:08,170 billion in Fy 20 for a nearly 12% 102 00:04:08,170 --> 00:04:12,160 increase above fy 23 enacted Compared 103 00:04:12,160 --> 00:04:14,104 to the Defense Department's budget 104 00:04:14,104 --> 00:04:16,049 request from just five years ago . 105 00:04:16,049 --> 00:04:18,780 We're putting nearly 50% more money 106 00:04:18,780 --> 00:04:22,610 into munitions . Almost 1/3 of our 107 00:04:22,610 --> 00:04:25,070 munitions dollars are specifically for 108 00:04:25,070 --> 00:04:27,310 long range fires to increase 109 00:04:27,310 --> 00:04:29,477 procurement and improve the capability 110 00:04:29,477 --> 00:04:31,700 of not only hypersonic missiles but 111 00:04:31,700 --> 00:04:34,210 also our most lethal and survivable 112 00:04:34,220 --> 00:04:36,400 subsonic weapons , including those 113 00:04:36,400 --> 00:04:38,750 we've been buying at or near maximum 114 00:04:38,750 --> 00:04:41,540 capacity for several years . This 115 00:04:41,540 --> 00:04:43,550 latest budget expands production 116 00:04:43,550 --> 00:04:45,930 capacity even more and procures the 117 00:04:45,930 --> 00:04:48,210 maximum amount of munitions that are 118 00:04:48,210 --> 00:04:50,154 most relevant for deterring and if 119 00:04:50,154 --> 00:04:52,321 necessary , prevailing over aggression 120 00:04:52,321 --> 00:04:55,150 in the Indo pacific such as the 121 00:04:55,150 --> 00:04:57,317 Tomahawk cruise missile and its latest 122 00:04:57,317 --> 00:05:00,360 maritime strike variant , the extended 123 00:05:00,360 --> 00:05:02,360 range joint air to surface standoff 124 00:05:02,360 --> 00:05:04,990 missile or the jazz um er the long 125 00:05:04,990 --> 00:05:07,850 range anti ship missile or La Raza and 126 00:05:07,850 --> 00:05:10,120 the anti ship capable sm six missile 127 00:05:10,120 --> 00:05:13,090 among others . For several of these and 128 00:05:13,090 --> 00:05:15,034 more key munitions like air to air 129 00:05:15,034 --> 00:05:17,034 missiles and heavy weight torpedoes 130 00:05:17,034 --> 00:05:19,860 were looking to make unprecedented use 131 00:05:19,870 --> 00:05:21,980 of new multiyear procurement 132 00:05:21,980 --> 00:05:25,600 flexibility provided by Congress . This 133 00:05:25,600 --> 00:05:27,267 will help us lock in critical 134 00:05:27,267 --> 00:05:29,378 investments getting the most bang for 135 00:05:29,378 --> 00:05:31,378 the taxpayer's buck send industry a 136 00:05:31,378 --> 00:05:34,300 clear demand signal and be even better 137 00:05:34,300 --> 00:05:36,411 prepared to respond quickly in future 138 00:05:36,411 --> 00:05:39,010 contingencies when it comes to 139 00:05:39,010 --> 00:05:41,190 munitions , make no mistake . We are 140 00:05:41,190 --> 00:05:43,357 buying to the limits of the industrial 141 00:05:43,357 --> 00:05:45,910 base even as we are expanding those 142 00:05:45,910 --> 00:05:48,260 limits and we're continuing to cut 143 00:05:48,260 --> 00:05:50,038 through red tape and accelerate 144 00:05:50,038 --> 00:05:52,570 timelines now to deliver those 145 00:05:52,570 --> 00:05:55,340 munitions from all domains . We're also 146 00:05:55,340 --> 00:05:57,284 investing in advanced platforms in 147 00:05:57,284 --> 00:06:00,680 every military department at sea from 148 00:06:00,690 --> 00:06:03,610 unscrewed surface and undersea vehicles 149 00:06:03,620 --> 00:06:05,620 to more guided missile destroyers , 150 00:06:05,620 --> 00:06:07,676 Virginia class submarines and guided 151 00:06:07,676 --> 00:06:09,940 missile frigates in the air from buying 152 00:06:09,950 --> 00:06:11,940 more fifth generation tactical and 153 00:06:11,940 --> 00:06:14,010 bomber aircraft augmented by other 154 00:06:14,010 --> 00:06:16,420 planes we fly that can release long 155 00:06:16,420 --> 00:06:19,240 range munitions to I S AR platforms . 156 00:06:19,250 --> 00:06:21,740 Next generation air dominance and new 157 00:06:21,750 --> 00:06:24,570 collaborative combat aircraft And on 158 00:06:24,570 --> 00:06:27,520 land from distributed army ground based 159 00:06:27,520 --> 00:06:29,370 fires to accelerating the Marine 160 00:06:29,370 --> 00:06:32,220 Corps's force designed 2030 fielding 161 00:06:32,220 --> 00:06:34,387 the majority of its novel capabilities 162 00:06:34,387 --> 00:06:36,609 and force structure in the Indo Pacific 163 00:06:36,609 --> 00:06:39,010 by 2027 . And in fact , some are 164 00:06:39,010 --> 00:06:42,720 already there . Munitions platforms and 165 00:06:42,720 --> 00:06:44,880 forces are the most visible parts of 166 00:06:44,880 --> 00:06:47,570 any kill chain . Less visible but no 167 00:06:47,570 --> 00:06:49,348 less important are the enabling 168 00:06:49,348 --> 00:06:51,580 capabilities that link them together , 169 00:06:51,640 --> 00:06:53,760 making the whole greater than the sum 170 00:06:53,760 --> 00:06:56,180 of its parts . And we're investing in 171 00:06:56,180 --> 00:06:59,530 those enablers too with $67.4 billion 172 00:06:59,530 --> 00:07:02,660 dollars for cyber I T and electronic 173 00:07:02,660 --> 00:07:06,390 warfare capabilities , $1.4 billion for 174 00:07:06,390 --> 00:07:08,612 joint all domain command and control or 175 00:07:08,612 --> 00:07:11,270 Jazz C two to maintain our information 176 00:07:11,270 --> 00:07:14,870 and decision advantage . Jad C2 will 177 00:07:14,870 --> 00:07:17,330 make us even better than we already are 178 00:07:17,340 --> 00:07:19,120 at joint operations and combat 179 00:07:19,130 --> 00:07:21,630 integration and deliver proven 180 00:07:21,630 --> 00:07:23,797 enhancements to the war fighter in the 181 00:07:23,797 --> 00:07:27,080 next four years and $33.3 billion 182 00:07:27,080 --> 00:07:28,980 dollars for resilient space , 183 00:07:28,990 --> 00:07:31,770 architecture capabilities and enhanced 184 00:07:31,780 --> 00:07:34,550 space command and control to keep space 185 00:07:34,550 --> 00:07:37,340 safe for military civilian and 186 00:07:37,340 --> 00:07:40,460 commercial operations . This is the 187 00:07:40,460 --> 00:07:43,570 largest D O D space budget ever . It 188 00:07:43,570 --> 00:07:45,990 funds diverse constellations for both 189 00:07:45,990 --> 00:07:48,510 sensing and communications while also 190 00:07:48,510 --> 00:07:50,840 leveraging America's world leading 191 00:07:50,850 --> 00:07:54,570 commercial space sector , even as we're 192 00:07:54,570 --> 00:07:57,370 strengthening how we sense , see and 193 00:07:57,370 --> 00:07:59,620 shoot in contested environments . This 194 00:07:59,620 --> 00:08:01,830 budget also invests in disrupting 195 00:08:01,830 --> 00:08:03,997 advanced adversaries ability to do the 196 00:08:03,997 --> 00:08:07,210 same . This includes more funding for 197 00:08:07,210 --> 00:08:09,266 missile defense and defeat systems , 198 00:08:09,266 --> 00:08:11,320 kinetic and non kinetic including 199 00:08:11,320 --> 00:08:13,264 capabilities to counter hypersonic 200 00:08:13,264 --> 00:08:17,110 weapons . We're continuing to invest in 201 00:08:17,110 --> 00:08:19,320 diversified , distributed and hardened 202 00:08:19,320 --> 00:08:21,900 force posture among many things we're 203 00:08:21,900 --> 00:08:24,140 doing to complicate adversary targeting 204 00:08:24,830 --> 00:08:26,870 and we're investing in additional 205 00:08:26,870 --> 00:08:29,700 capabilities which we will only unveil 206 00:08:29,710 --> 00:08:31,900 at a time place and manner of our 207 00:08:31,900 --> 00:08:35,470 choosing . As Secretary Austin has said 208 00:08:35,700 --> 00:08:37,533 we're laser focused on deterring 209 00:08:37,533 --> 00:08:39,367 aggression in the Indo Pacific , 210 00:08:39,367 --> 00:08:41,900 sustaining a free and open region and 211 00:08:41,900 --> 00:08:44,070 doing so alongside our friends and 212 00:08:44,070 --> 00:08:46,480 allies . Indeed , in the last few 213 00:08:46,480 --> 00:08:48,536 months , we've seen great allied and 214 00:08:48,536 --> 00:08:50,591 partner developments there including 215 00:08:50,591 --> 00:08:52,647 Tokyo's commitment to double defense 216 00:08:52,647 --> 00:08:55,090 spending . The announcement of a new 217 00:08:55,100 --> 00:08:57,660 Marine Littoral Regiment on Okinawa 218 00:08:57,670 --> 00:08:59,726 major Force Posture initiatives with 219 00:08:59,726 --> 00:09:01,950 Australia and our agreement with the 220 00:09:01,950 --> 00:09:04,117 Philippines to nearly double the sites 221 00:09:04,120 --> 00:09:07,120 where we cooperate together to build on 222 00:09:07,120 --> 00:09:09,250 that momentum . This budget requests 223 00:09:09,250 --> 00:09:11,083 the department's largest Pacific 224 00:09:11,083 --> 00:09:14,630 deterrence initiative yet $9.1 billion 225 00:09:14,630 --> 00:09:16,790 for better air basing new missile 226 00:09:16,790 --> 00:09:18,790 warning and tracking architecture , 227 00:09:18,790 --> 00:09:21,270 construction from more resilient force 228 00:09:21,270 --> 00:09:24,390 posture , homeland defense for Hawaii 229 00:09:24,390 --> 00:09:27,010 and Guam and more collaboration with 230 00:09:27,010 --> 00:09:29,650 allies and partners . And the budget 231 00:09:29,650 --> 00:09:31,817 reflects how we're continuing to learn 232 00:09:31,817 --> 00:09:34,039 from the war in Ukraine and apply those 233 00:09:34,039 --> 00:09:36,150 lessons to the Indo Pacific and other 234 00:09:36,150 --> 00:09:39,060 theaters . Another pillar of this 235 00:09:39,060 --> 00:09:41,530 budget is its investments in the people 236 00:09:41,540 --> 00:09:43,690 who make our military , the fiercest 237 00:09:43,690 --> 00:09:46,790 and finest force in the world . Taking 238 00:09:46,790 --> 00:09:49,012 care of our people begins with ensuring 239 00:09:49,012 --> 00:09:51,480 they're trained and equipped and our 240 00:09:51,480 --> 00:09:54,260 readiness is robust . The same is true 241 00:09:54,260 --> 00:09:56,190 for retention with every military 242 00:09:56,190 --> 00:09:58,910 service exceeding its goals . In 2022 , 243 00:10:00,000 --> 00:10:02,570 retention has been outstanding partly 244 00:10:02,570 --> 00:10:04,681 because the secretary , the President 245 00:10:04,681 --> 00:10:06,903 and Congress have in recent budgets put 246 00:10:06,903 --> 00:10:08,792 a premium on raising military and 247 00:10:08,792 --> 00:10:11,130 civilian pay , improving quality of 248 00:10:11,130 --> 00:10:13,241 life for service members and military 249 00:10:13,241 --> 00:10:15,150 families and funding training , 250 00:10:15,160 --> 00:10:16,771 operations , maintenance and 251 00:10:16,771 --> 00:10:19,280 infrastructure improvements . This 252 00:10:19,280 --> 00:10:21,336 budget maintains and builds on those 253 00:10:21,336 --> 00:10:23,620 investments with historic pay raises 254 00:10:23,620 --> 00:10:25,740 that help us compete for top talent , 255 00:10:25,750 --> 00:10:28,750 military and civilian new funding for 256 00:10:28,750 --> 00:10:30,900 universal pre K at dodea schools 257 00:10:30,900 --> 00:10:33,500 worldwide and much more . While 258 00:10:33,500 --> 00:10:35,556 continuing our relentless efforts to 259 00:10:35,556 --> 00:10:37,720 prevent suicide and end sexual 260 00:10:37,720 --> 00:10:41,130 harassment and sexual assault . We can 261 00:10:41,130 --> 00:10:43,420 never be complacent but this is the 262 00:10:43,420 --> 00:10:46,090 world's most combat credible force and 263 00:10:46,090 --> 00:10:48,340 the investments in our people alongside 264 00:10:48,340 --> 00:10:49,951 our training and equipping . 265 00:10:49,951 --> 00:10:52,560 Investments are a big reason why a 266 00:10:52,560 --> 00:10:54,727 third pillar I'll highlight is how the 267 00:10:54,727 --> 00:10:56,504 budget helps us succeed through 268 00:10:56,504 --> 00:10:59,500 teamwork with our network of allies and 269 00:10:59,500 --> 00:11:01,444 partners around the world . One of 270 00:11:01,444 --> 00:11:03,560 America's unbeatable asymmetric 271 00:11:03,560 --> 00:11:05,960 advantages and with the collective 272 00:11:05,970 --> 00:11:07,970 arsenal of democracy and commercial 273 00:11:07,970 --> 00:11:10,010 innovation that's been energized by 274 00:11:10,010 --> 00:11:12,360 Russia's unprovoked war in Ukraine . 275 00:11:13,540 --> 00:11:15,630 Here at home . The budget invests 276 00:11:15,640 --> 00:11:17,720 approximately $6 billion in 277 00:11:17,720 --> 00:11:19,776 strengthening the defense industrial 278 00:11:19,776 --> 00:11:21,887 base and supply chains including long 279 00:11:21,887 --> 00:11:24,010 term investments in microelectronic 280 00:11:24,020 --> 00:11:26,660 casting and forging batteries , kinetic 281 00:11:26,660 --> 00:11:29,620 capabilities and critical minerals . As 282 00:11:29,620 --> 00:11:31,564 we re model for the future . We're 283 00:11:31,564 --> 00:11:33,731 paying as much attention to the wiring 284 00:11:33,731 --> 00:11:35,953 and framing as we are to the finishes . 285 00:11:35,953 --> 00:11:39,480 Cyber space I T , shipyards , munitions 286 00:11:39,480 --> 00:11:41,500 plants , munitions components , 287 00:11:41,510 --> 00:11:44,160 barracks and housing in all of these 288 00:11:44,160 --> 00:11:46,250 areas were funding expansions , 289 00:11:46,270 --> 00:11:49,060 upgrades and overhauls . None of which 290 00:11:49,060 --> 00:11:52,590 D O D can do alone . The budget also 291 00:11:52,590 --> 00:11:54,368 continues to build bridges with 292 00:11:54,368 --> 00:11:56,620 America's dynamic innovation ecosystem 293 00:11:56,630 --> 00:11:58,741 with the traditional defense industry 294 00:11:58,741 --> 00:12:01,020 and well beyond it including funding 295 00:12:01,020 --> 00:12:03,610 for key technology areas like AI 296 00:12:03,620 --> 00:12:06,640 quantum sensors and directed energy . 297 00:12:06,930 --> 00:12:08,800 Hastening the pathway from joint 298 00:12:08,800 --> 00:12:11,250 concept to experimentation to fielding 299 00:12:11,250 --> 00:12:13,190 systems through the rapid defense 300 00:12:13,190 --> 00:12:15,910 experimentation reserve and launching D 301 00:12:15,910 --> 00:12:18,580 O D s new Office of Strategic Capital 302 00:12:18,590 --> 00:12:20,830 to help attract and scale private 303 00:12:20,830 --> 00:12:22,750 capital capital in sectors like 304 00:12:22,750 --> 00:12:25,560 semiconductors , advanced materials and 305 00:12:25,560 --> 00:12:28,760 biotech beyond our shores . The 306 00:12:28,760 --> 00:12:30,704 president's budget aligns with new 307 00:12:30,704 --> 00:12:32,816 investments by us allies and partners 308 00:12:32,816 --> 00:12:35,130 to strengthen their own security . One 309 00:12:35,130 --> 00:12:38,230 example is August , as you know today , 310 00:12:38,230 --> 00:12:40,286 President Biden and Secretary Austin 311 00:12:40,286 --> 00:12:42,286 are in San Diego , meeting with the 312 00:12:42,286 --> 00:12:44,286 leaders of Australia and the United 313 00:12:44,286 --> 00:12:46,508 Kingdom to announce the optimal pathway 314 00:12:46,508 --> 00:12:48,390 for Australia's acquisition of 315 00:12:48,390 --> 00:12:50,690 conventionally armed nuclear powered 316 00:12:50,690 --> 00:12:53,740 submarines . Our collaboration through 317 00:12:53,740 --> 00:12:56,080 Aucas including on submarines and 318 00:12:56,080 --> 00:12:58,480 advanced capabilities is a generational 319 00:12:58,490 --> 00:13:00,810 opportunity to strengthen our combined 320 00:13:00,810 --> 00:13:03,190 security . Boost our defense industrial 321 00:13:03,190 --> 00:13:05,400 capability , enhance our ability to 322 00:13:05,400 --> 00:13:08,010 deter aggression and promote our shared 323 00:13:08,010 --> 00:13:10,490 goal of a free and open Indo Pacific . 324 00:13:11,520 --> 00:13:14,000 Closer to home . Our partnership with 325 00:13:14,000 --> 00:13:16,056 the legislative branch is one of the 326 00:13:16,056 --> 00:13:17,556 most important and visible 327 00:13:17,556 --> 00:13:19,611 manifestations of how we can succeed 328 00:13:19,611 --> 00:13:21,444 through teamwork . We appreciate 329 00:13:21,444 --> 00:13:23,389 Congress's commitment to providing 330 00:13:23,389 --> 00:13:25,611 oversight and checking our work . So we 331 00:13:25,611 --> 00:13:27,540 deliver maximum value for both 332 00:13:27,540 --> 00:13:30,400 warfighters and taxpayers . We are also 333 00:13:30,400 --> 00:13:32,178 grateful as ever for Congress's 334 00:13:32,178 --> 00:13:34,270 bipartisan support for D U D and its 335 00:13:34,270 --> 00:13:36,340 people in providing for the common 336 00:13:36,340 --> 00:13:38,562 defense of our country , our allies and 337 00:13:38,562 --> 00:13:41,560 partners and our interests . We asked 338 00:13:41,560 --> 00:13:43,727 Congress to support this budget and we 339 00:13:43,727 --> 00:13:46,730 hope this support will include on time , 340 00:13:46,740 --> 00:13:49,180 full year appropriations for the U S 341 00:13:49,180 --> 00:13:51,124 government and our service members 342 00:13:51,124 --> 00:13:53,370 instead of defaulting to continuing 343 00:13:53,370 --> 00:13:56,140 resolutions . If you add up , the 344 00:13:56,140 --> 00:13:58,510 months D O D has been under a cr since 345 00:13:58,510 --> 00:14:01,850 2011 . It totals four years worth of 346 00:14:01,850 --> 00:14:04,370 delays , delayed , new program starts , 347 00:14:04,390 --> 00:14:07,000 delayed training , delayed pcs moves 348 00:14:07,050 --> 00:14:09,990 again . That's four years lost over the 349 00:14:09,990 --> 00:14:13,700 last decade plus to out compete the P R 350 00:14:13,700 --> 00:14:16,250 C , we cannot have one hand tied behind 351 00:14:16,250 --> 00:14:19,980 our back for 3456 months of each 352 00:14:19,980 --> 00:14:22,790 year . And let me assure you more money 353 00:14:22,790 --> 00:14:26,440 cannot buy back this lost time . I know 354 00:14:26,440 --> 00:14:28,496 members of Congress on both sides of 355 00:14:28,496 --> 00:14:30,607 the aisle care deeply about America's 356 00:14:30,607 --> 00:14:32,496 national security and winning the 357 00:14:32,496 --> 00:14:34,440 strategic competition for the 21st 358 00:14:34,440 --> 00:14:36,480 century with this budget and with 359 00:14:36,480 --> 00:14:38,780 Congress's support , we're ensuring the 360 00:14:38,780 --> 00:14:41,290 U S military remains formidable and 361 00:14:41,290 --> 00:14:44,300 resilient today tomorrow and well into 362 00:14:44,300 --> 00:14:46,411 the future . With that , I'll turn to 363 00:14:46,411 --> 00:14:48,689 Admiral Grady before we take questions . 364 00:14:48,700 --> 00:14:51,180 Thanks madam Secretary . Thank you and 365 00:14:51,180 --> 00:14:53,300 thank you for your strong leadership 366 00:14:53,540 --> 00:14:55,651 and on behalf of the chairman and the 367 00:14:55,651 --> 00:14:57,762 joint force . I welcome everyone here 368 00:14:57,762 --> 00:14:59,984 today for this briefing . And it really 369 00:14:59,984 --> 00:15:01,707 is an honor and a privilege to 370 00:15:01,707 --> 00:15:03,873 represent the soldiers , the sailors , 371 00:15:03,873 --> 00:15:05,707 the airmen , the marines and the 372 00:15:05,707 --> 00:15:07,762 guardians of the joint force . As we 373 00:15:07,762 --> 00:15:09,818 discussed the D O D s fiscal year 24 374 00:15:09,818 --> 00:15:11,929 president's budget request and we are 375 00:15:11,929 --> 00:15:14,080 approaching this request this fiscal 376 00:15:14,080 --> 00:15:16,040 year 24 budget request with our 377 00:15:16,040 --> 00:15:17,790 strategy first and foremost , 378 00:15:17,800 --> 00:15:20,570 particularly as it calls to prioritize 379 00:15:20,570 --> 00:15:22,292 the pacing threat . The pacing 380 00:15:22,292 --> 00:15:24,190 challenge of China , the work of 381 00:15:24,190 --> 00:15:26,880 implementing the 2022 national defense 382 00:15:26,880 --> 00:15:29,060 strategy and the stream strategic 383 00:15:29,060 --> 00:15:31,060 framework that were provided by the 384 00:15:31,060 --> 00:15:33,350 2022 national military strategy has 385 00:15:33,350 --> 00:15:35,350 served as the basis for last year's 386 00:15:35,350 --> 00:15:37,461 budget request and certainly for this 387 00:15:37,461 --> 00:15:39,572 year's budget submissions as well . A 388 00:15:39,572 --> 00:15:41,572 continuation if you will as the NDS 389 00:15:41,572 --> 00:15:44,580 directs our $842 billion budget 390 00:15:44,580 --> 00:15:46,691 prioritizes defense of the homeland , 391 00:15:46,691 --> 00:15:49,770 deterring strategic attacks , deterring 392 00:15:49,770 --> 00:15:51,930 aggression all while positioning the 393 00:15:51,930 --> 00:15:54,060 joint force to prevail in conflict if 394 00:15:54,070 --> 00:15:56,780 necessary . And with this budget , the 395 00:15:56,780 --> 00:15:58,836 joint forces truly delivering on the 396 00:15:58,836 --> 00:16:00,836 strategic discipline that is at the 397 00:16:00,836 --> 00:16:03,050 center of the national military 398 00:16:03,060 --> 00:16:05,770 strategy . Over the past several months , 399 00:16:05,770 --> 00:16:07,937 Secretary Hicks has skillfully led the 400 00:16:07,937 --> 00:16:09,603 department through our budget 401 00:16:09,603 --> 00:16:11,714 development , ultimately producing an 402 00:16:11,714 --> 00:16:13,937 outcome that the American people can be 403 00:16:13,937 --> 00:16:16,200 confident in an outcome that ensures 404 00:16:16,200 --> 00:16:18,311 that the joint force remains the most 405 00:16:18,311 --> 00:16:20,256 lethal and capable military on the 406 00:16:20,256 --> 00:16:22,660 planet . An outcome that takes care of 407 00:16:22,660 --> 00:16:24,827 our service members and their families 408 00:16:24,827 --> 00:16:27,650 and an outcome that takes action today 409 00:16:27,670 --> 00:16:30,270 while also working toward the future , 410 00:16:31,230 --> 00:16:33,230 we will continue with fy 20 three's 411 00:16:33,230 --> 00:16:35,286 direction to modernize and transform 412 00:16:35,286 --> 00:16:37,452 the force into what is needed to deter 413 00:16:37,452 --> 00:16:39,910 and if necessary to prevail in the 414 00:16:39,910 --> 00:16:42,790 twenties , thirties and beyond this 415 00:16:42,790 --> 00:16:44,846 budget resources , the department to 416 00:16:44,846 --> 00:16:47,012 sustain and strengthen the joint force 417 00:16:47,012 --> 00:16:49,280 and we will maintain our advantage by 418 00:16:49,280 --> 00:16:52,630 continuing to invest in resolute ready 419 00:16:52,640 --> 00:16:55,000 and lethal warriors who were the best 420 00:16:55,000 --> 00:16:57,800 lead , the best equipped and the best 421 00:16:57,800 --> 00:17:01,170 trained in the world . And as always , 422 00:17:01,170 --> 00:17:03,226 I would reiterate with the secretary 423 00:17:03,226 --> 00:17:05,003 said that the joint forces best 424 00:17:05,003 --> 00:17:07,226 positioned to maintain and build on our 425 00:17:07,226 --> 00:17:09,226 enduring advantages when we receive 426 00:17:09,226 --> 00:17:11,560 sufficient , timely sustained and 427 00:17:11,560 --> 00:17:13,616 predictable funding . And I too look 428 00:17:13,616 --> 00:17:16,070 forward to partnering with Congress in 429 00:17:16,070 --> 00:17:18,690 this endeavor . And as always , it is 430 00:17:18,690 --> 00:17:21,760 our task to be responsible stewards of 431 00:17:21,760 --> 00:17:25,450 the nation's resources . And so in a 432 00:17:25,450 --> 00:17:27,672 rapidly changing security environment , 433 00:17:27,672 --> 00:17:29,728 we know that we must innovate across 434 00:17:29,728 --> 00:17:31,839 all domains in the budget development 435 00:17:31,839 --> 00:17:33,894 process . And we have worked hard to 436 00:17:33,894 --> 00:17:36,061 optimize our investments in areas such 437 00:17:36,061 --> 00:17:38,172 as the nuclear enterprise , space and 438 00:17:38,172 --> 00:17:40,320 cyber munitions and precision long 439 00:17:40,320 --> 00:17:43,320 range fires . The budget expands the 440 00:17:43,320 --> 00:17:45,264 department's efforts in all domain 441 00:17:45,264 --> 00:17:47,431 awareness . It increases resiliency in 442 00:17:47,431 --> 00:17:49,598 the defense industrial base and renews 443 00:17:49,598 --> 00:17:51,542 our magazine depth so that we were 444 00:17:51,542 --> 00:17:54,910 ready whenever we are called the fy 24 445 00:17:54,910 --> 00:17:57,130 budget . Does this as it continues to 446 00:17:57,130 --> 00:17:59,186 invest in key areas that will enable 447 00:17:59,186 --> 00:18:00,963 the department to translate the 448 00:18:00,963 --> 00:18:02,741 national defense strategy , the 449 00:18:02,741 --> 00:18:04,686 national military strategy and the 450 00:18:04,686 --> 00:18:06,630 joint warfighting concept into the 451 00:18:06,630 --> 00:18:08,686 operational capabilities required to 452 00:18:08,686 --> 00:18:11,620 defer deter and to win . And most 453 00:18:11,620 --> 00:18:14,820 importantly , The FY 24 budget request 454 00:18:14,820 --> 00:18:16,764 remains in line with our strategic 455 00:18:16,764 --> 00:18:19,110 approach and prioritizes China as the 456 00:18:19,110 --> 00:18:21,490 pacing challenge while recognizing the 457 00:18:21,490 --> 00:18:24,930 UQ threat posed by Russia . So again , 458 00:18:24,930 --> 00:18:26,986 Madam Secretary , thank you for your 459 00:18:26,986 --> 00:18:29,097 leadership and for your words today . 460 00:18:29,097 --> 00:18:31,208 And again , it's my distinct pleasure 461 00:18:31,208 --> 00:18:33,430 to be here on behalf of the 2.1 million 462 00:18:33,430 --> 00:18:35,708 members of the joint force . Thank you . 463 00:18:35,708 --> 00:18:37,708 Wonderful with that . We'll turn it 464 00:18:37,708 --> 00:18:39,930 over and take a few questions up high . 465 00:18:39,930 --> 00:18:41,980 Thank you both for Admiral Grady in 466 00:18:41,980 --> 00:18:44,180 your requirements role at the 467 00:18:44,180 --> 00:18:47,950 department . How has China shaped this 468 00:18:47,950 --> 00:18:51,090 year's budget ? Can you list one or two 469 00:18:51,090 --> 00:18:53,820 very specific priorities that are here 470 00:18:53,820 --> 00:18:56,780 now ? Um to face that challenge and 471 00:18:56,780 --> 00:19:00,730 then for you both um at this 472 00:19:00,730 --> 00:19:02,952 current rate of growth , the Department 473 00:19:02,952 --> 00:19:05,063 of Defense budget will top a trillion 474 00:19:05,063 --> 00:19:07,397 dollars in just a matter of a few years . 475 00:19:07,930 --> 00:19:10,380 How can you explain to the American 476 00:19:10,380 --> 00:19:14,070 taxpayer why all of this money is 477 00:19:14,070 --> 00:19:16,530 needed and how it's still not enough ? 478 00:19:16,540 --> 00:19:18,484 Because even in the next couple of 479 00:19:18,484 --> 00:19:20,651 weeks , you'll likely see the services 480 00:19:20,651 --> 00:19:22,707 go to Congress with unmet needs . So 481 00:19:22,707 --> 00:19:24,651 how is it that with this size of a 482 00:19:24,651 --> 00:19:26,990 budget , there's still uh the services 483 00:19:26,990 --> 00:19:29,480 still need so much . I'll go ahead and 484 00:19:29,480 --> 00:19:32,230 start madam secretary . Thanks . Um 485 00:19:32,240 --> 00:19:34,860 Uh I am the chairman of the Joint 486 00:19:34,860 --> 00:19:37,027 Requirements Oversight Committee , the 487 00:19:37,027 --> 00:19:39,440 J Rock . Um but that really starts with 488 00:19:39,440 --> 00:19:42,010 a straight line from strategy all the 489 00:19:42,010 --> 00:19:44,121 way down to budget . The requirements 490 00:19:44,121 --> 00:19:46,343 piece is just part of that . And we are 491 00:19:46,343 --> 00:19:48,530 clearly focused on P R C as the pacing 492 00:19:48,530 --> 00:19:50,586 challenge . But let's go back to the 493 00:19:50,586 --> 00:19:52,808 joint warfighting concept that strategy 494 00:19:52,808 --> 00:19:54,974 that devolves from the N S S , the N D 495 00:19:54,974 --> 00:19:57,030 s and the N M s . And if you look at 496 00:19:57,030 --> 00:19:58,974 where our investments derived from 497 00:19:58,974 --> 00:20:02,040 those requirements are um uh our 498 00:20:02,050 --> 00:20:04,330 manifest , you look at the four key 499 00:20:04,330 --> 00:20:06,410 battles for advantage in fires in 500 00:20:06,410 --> 00:20:08,410 command and control and information 501 00:20:08,410 --> 00:20:10,577 advantage and in contested logistics . 502 00:20:10,577 --> 00:20:13,360 So as the deputy mentioned $11.11 503 00:20:13,360 --> 00:20:16,240 billion in joint fires as an example or 504 00:20:16,250 --> 00:20:19,210 30.6 billion for munitions writ large 505 00:20:19,220 --> 00:20:22,860 under the fires um uh category in 506 00:20:22,860 --> 00:20:25,180 command and control . Um Jesse to 507 00:20:25,180 --> 00:20:27,013 initiatives where , which was so 508 00:20:27,013 --> 00:20:29,013 critical to tying all this together 509 00:20:29,013 --> 00:20:31,124 about 1.4 billion , their information 510 00:20:31,124 --> 00:20:33,510 advantage to include cyber and things 511 00:20:33,510 --> 00:20:35,566 like getting to zero trust framework 512 00:20:35,566 --> 00:20:38,510 framework about 13.5 billion and then 513 00:20:38,510 --> 00:20:41,180 within contested logistics . Um three 514 00:20:41,180 --> 00:20:45,180 billion , 15 KC one KC 46 515 00:20:45,180 --> 00:20:47,236 alphas to modernize and recapitalize 516 00:20:47,236 --> 00:20:49,560 the airborne refueling . All of this 517 00:20:49,560 --> 00:20:51,671 derives from the work that the J Rock 518 00:20:51,671 --> 00:20:55,130 does . Let me address the resources 519 00:20:55,130 --> 00:20:57,200 piece . First of all , uh staying 520 00:20:57,200 --> 00:21:00,070 focused really on the 24 budget . We 521 00:21:00,070 --> 00:21:02,090 work very hard to make sure we can 522 00:21:02,090 --> 00:21:04,460 defend the value the taxpayer and the 523 00:21:04,460 --> 00:21:06,650 war fighters gonna get from any dollar 524 00:21:06,650 --> 00:21:08,650 that we put in . We do not take for 525 00:21:08,650 --> 00:21:10,761 granted or take lightly the trust and 526 00:21:10,761 --> 00:21:12,817 confidence of the American people in 527 00:21:12,817 --> 00:21:14,928 making sure to support the defense of 528 00:21:14,928 --> 00:21:16,983 the nation . At the same time , they 529 00:21:16,983 --> 00:21:19,150 have an expectation that there's going 530 00:21:19,150 --> 00:21:21,094 to be defense of their interests . 531 00:21:21,094 --> 00:21:23,261 Should the time come that they need to 532 00:21:23,261 --> 00:21:25,372 deploy or employ us military forces ? 533 00:21:25,372 --> 00:21:27,594 And we want to make sure we can deliver 534 00:21:27,594 --> 00:21:27,510 that . So that's why we put such 535 00:21:27,510 --> 00:21:30,370 emphasis on making clear that the that 536 00:21:30,370 --> 00:21:33,510 the budget is strategy derived um less 537 00:21:33,510 --> 00:21:35,820 important to us as the input part , the 538 00:21:35,820 --> 00:21:38,120 top line that becomes the big issue 539 00:21:38,120 --> 00:21:40,176 inside the Washington debate often . 540 00:21:40,176 --> 00:21:42,009 But what we really care about is 541 00:21:42,009 --> 00:21:44,120 outcome . Can we deliver what we need 542 00:21:44,120 --> 00:21:46,287 to at the right time and place for the 543 00:21:46,287 --> 00:21:48,342 warfighter and do it in a way that's 544 00:21:48,342 --> 00:21:50,453 respectful of what the taxpayers have 545 00:21:50,453 --> 00:21:52,398 entrusted to us . Look , I've been 546 00:21:52,398 --> 00:21:54,620 around this um department a long time . 547 00:21:54,620 --> 00:21:56,620 There is no such thing as a no risk 548 00:21:56,620 --> 00:21:58,787 budget . We've never been able to have 549 00:21:58,787 --> 00:22:00,898 that . We are not a nation that lives 550 00:22:00,898 --> 00:22:02,953 in a no risk world , but what we owe 551 00:22:02,953 --> 00:22:05,064 and we believe we have delivered here 552 00:22:05,064 --> 00:22:08,510 is a very uh robust , ready , capable , 553 00:22:08,520 --> 00:22:10,687 combat , credible , capable force that 554 00:22:10,687 --> 00:22:12,853 can pace against that challenge of the 555 00:22:12,853 --> 00:22:15,200 P R C as I said today , tomorrow into 556 00:22:15,200 --> 00:22:17,390 the future , that's really our focus . 557 00:22:17,400 --> 00:22:19,567 Thank you . Next up , we'll go to Mike 558 00:22:19,567 --> 00:22:22,420 Stone Reuters . Reuters , you talk 559 00:22:22,420 --> 00:22:25,290 about Munitions that in some cases 560 00:22:25,300 --> 00:22:28,610 munitions are going up 20-plus% for 561 00:22:28,620 --> 00:22:32,080 specific uh missiles . NATO has 562 00:22:32,080 --> 00:22:34,660 revised up their stockpile targets . Is 563 00:22:34,660 --> 00:22:36,827 the United States also going to revise 564 00:22:36,827 --> 00:22:38,880 up stockpile targets for various 565 00:22:38,880 --> 00:22:42,840 munitions . Let me , uh , we assess 566 00:22:42,850 --> 00:22:44,683 what we need for ourselves . For 567 00:22:44,683 --> 00:22:46,900 munitions routinely . We do it against 568 00:22:46,910 --> 00:22:49,077 the way in which we think about how we 569 00:22:49,077 --> 00:22:51,132 fight for the future and against the 570 00:22:51,132 --> 00:22:53,243 real world world . Today demands that 571 00:22:53,243 --> 00:22:55,466 our combatant commands have to how they 572 00:22:55,466 --> 00:22:57,688 would operate with the forces that they 573 00:22:57,688 --> 00:22:59,799 have . I won't go into further detail 574 00:22:59,799 --> 00:22:59,650 there and I'll invite the vice chairman 575 00:22:59,650 --> 00:23:01,983 to make comments are focus on munitions . 576 00:23:01,983 --> 00:23:05,030 As I said , is really expanding out um 577 00:23:05,040 --> 00:23:06,960 our munitions supply base that 578 00:23:06,960 --> 00:23:09,182 industrial base that's both here in the 579 00:23:09,182 --> 00:23:10,904 United States and then working 580 00:23:10,904 --> 00:23:13,071 alongside allies and partners and then 581 00:23:13,071 --> 00:23:15,293 maxing out production against that with 582 00:23:15,293 --> 00:23:17,293 the Multiyear Procurement Authority 583 00:23:17,293 --> 00:23:19,127 that we now are able to use that 584 00:23:19,127 --> 00:23:21,580 Congress gave us in the last N D A . Um 585 00:23:21,590 --> 00:23:23,423 that allows us to put a lot more 586 00:23:23,423 --> 00:23:26,350 predictability into and stabilize um 587 00:23:26,350 --> 00:23:28,183 and keep warm if you will , that 588 00:23:28,183 --> 00:23:29,628 production base were very 589 00:32:34,260 --> 00:32:37,450 mix going forward . So amphibious 590 00:32:37,460 --> 00:32:39,682 capability is super important . There's 591 00:32:39,682 --> 00:32:41,738 a study underway and look forward to 592 00:32:41,738 --> 00:32:43,849 the results that the department maybe 593 00:32:43,849 --> 00:32:46,016 brings forward . Great . Thank you all 594 00:32:46,016 --> 00:32:46,120 that concludes our briefing for today .