The U.S. Space Force requests around $16 billion from the U.S. government.
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This picture from North Korea's official Korean Central News Agency (KCNA) taken on August 29, 2017 and released on August 30, 2017 shows North Korea's intermediate-range strategic ballistic rocket Hwasong-12 lifting off from the launching pad at an undisclosed location near Pyongyang.
This latest budget request of the space service branch is two times more expensive than what it originally asked for. The defense agency announced this detail via its latest fiscal 2024 budget, which was submitted on Mar. 13.
Space Force said that the $16 billion budget request is needed over five years so that it can continue developing its hypersonic missile-tracking satellites.
US Space Force's Missile-Tracking Satellites are Now More Expensive!
According to C4ISRNET's latest report, the U.S. Space Force is asking for $2.3 billion for its satellites this 2024.
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Chief Master Sgt. Roger Towberman (R), Space Force and Command Senior Enlisted Leader and CMSgt Roger Towberman (L), with Secretary of the Air Force Barbara Barrett present US President Donald Trump with the official flag of the United States Space Force in the Oval Office of the White House in Washington, DC on May 15, 2020.
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"The proposal would deliver $2.6 billion to the Space Force for 15 launches in the fiscal year which is an increase of five launches," said the U.S. Space Force via its official FY2024 budget request.
The U.S. Space Force started to work on tracking satellites after officials warned about the new weapons of China and Russia.
They said that these advanced weapons can travel and maneuver above Mach 5 speeds (five times the speed of sound).
This is why Space Force started its Resilient Missile Warning Missile Tracking; a program that focuses on developing small satellites. These satellites can orbit less than 22,000 miles above Earth and can observe enemy missiles.
Overall Budget Request
The Department of the Air Force's overall budget request actually seeks over $259 billion.
The defense department said that this funding will be used to modernize the Space Force and the Air Force so that they can efficiently neutralize potential threats.
Specifically, the budget wants the U.S. government to provide $215.1 billion to the Air Force and $30 billion to the Space Force.
If you want to learn more details about the latest budget request of the Department of Air Force, you can click here.
In other news, a new AI warship electric layout is being developed by Chinese military-funded researchers. We also reported about the new fighter jet development deal of Japan, Italy, and the United Kingdom.
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