The Air Force Receives the Largest Portion of the Armed Forces' Funding

The 2024 defense budget clarifies how much funding each military department will receive. Out of the five major Armed Forces managed by the DoD, the Air Force gets the most direct funding at $216.1 billion, followed by the Navy ($202.6 billion), Army ($165.6 billion), Marine Corps ($53.2 billion), and Space Force ($30.1 billion).

The remaining DoD funds are allocated to the National Guard ($32.9 billion), along with focused programs like the Special Operations Command (US SOCOM), the Missile Defense Agency, and the Defense Health Program.

The DoD’s 2024 defense budget was signed into law on December 22, 2023 at $841.4 billion, slightly less than was initially requested.