Special Report

22 New Weapons in the US Military Budget Next Year

soldiersmediacenter / Flickr

When it comes to defense spending, the United States is in a league of its own. Earlier this year, the House of Representatives authorized $840 billion in defense expenditures for 2023, raising President Joe Biden’s proposed military budget by $37 billion under the annual National Defense Authorization Act. (See countries spending the most on the military.)

To find the newest weapons the U.S. military is buying in 2023, 24/7 Wall St. reviewed the U.S. House of Representatives Appropriations Committee’s 2023 defense funding bill. We are only accounting for new weapons that are being purchased this year, with the exception of the Abrams tank, which is being updated into a new version. Weapons systems are ranked according to the total budget allocation.

The increase in defense spending comes at a time of heightened global tension. The U.S. is helping fund Ukraine’s defense against Russia’s military incursion that began in February, and there are concerns about China’s intention to invade Taiwan and extend its hegemony in Asia and the Pacific.

The total budget allocation of 11 of the weapons is more than $1 billion each. Four helicopter weapons groups – the AH-64 Apache, the HH-60W Blackhawk, the UH/HH-60M Blackhawk, and the CH-53K King Stallion – have a combined budget allocation of more than $4 billion.

The Navy will get two of the biggest-ticket weapons on the list – two Virginia-class submarines at  $5.6 billion and two Arleigh-Burke guided-missile destroyers for $7.3 billion. (Here are $31 billion dollar weapons the U.S. military will invest in next year.)

Click here to see 22 new weapons in the US military budget next year.

Source: Public Domain / Wikimedia Commons

22. T-ATS Navajo class
>Total FY 2023 budget allocation: $10 million
>Total vehicles ordered: 1
>Type: Towing, salvage, and rescue ship

[in-text-ad]

Source: Public Domain / Wikimedia Commons

21. MQ-9 Reaper
>Total FY 2023 budget allocation: $98 million
>Total vehicles ordered: 5
>Type: Drone

Source: Public Domain / Wikimedia Commons

20. SOCOM Armed Overwatch
>Total FY 2023 budget allocation: $246 million
>Total vehicles ordered: 9
>Type: Classified

Source: my_public_domain_photos / Flickr

19. KC-130J Hercules
>Total FY 2023 budget allocation: $430.5 million
>Total vehicles ordered: 5
>Type: Transport aircraft

[in-text-ad-2]

18. M1A2 SEPv3 Abrams
>Total FY 2023 budget allocation: $634 million
>Total vehicles ordered: 44
>Type: Tank

Source: usarmyeurope_images / Flickr

17. Paladin Field Artillery Support Vehicles
>Total FY 2023 budget allocation: $680 million
>Total vehicles ordered: 48
>Type: Artillery Support Vehicle

[in-text-ad]

16. Joint Light Tactical Vehicle
>Total FY 2023 budget allocation: $686 million
>Total vehicles ordered: 1,528
>Type: Transport vehicle

15. AH-64 Apache
>Total FY 2023 budget allocation: $693 million
>Total vehicles ordered: 35
>Type: Attack helicopter

Source: guvendemir / E+ via Getty Images

14. HH-60W Blackhawk
>Total FY 2023 budget allocation: $694 million
>Total vehicles ordered: 10
>Type: Combat rescue helicopter

[in-text-ad-2]

Source: Public Domain / United States Navy via Wikimedia Commons

13. E-2D AHE Advanced Hawkeye
>Total FY 2023 budget allocation: $802.7 million
>Total vehicles ordered: 5
>Type: Early warning aircraft

Source: Public Domain / Wikimedia Commons

12. UH/HH-60M Blackhawk
>Total FY 2023 budget allocation: $991 million
>Total vehicles ordered: 35
>Type: Attack helicopter

[in-text-ad]

Source: Public Domain / Wikimedia Commons

11. T-AO Naval Sea Systems Command
>Total FY 2023 budget allocation: $1.0 billion
>Total vehicles ordered: 1
>Type: Fleet replenishment oiler

Source: viper-zero / iStock Editorial via Getty Images

10. LHA
>Total FY 2023 budget allocation: $1.1 billion
>Total vehicles ordered: 1
>Type: America class amphibious assault

Source: Public Domain / Wikimedia Commons

9. Constellation class frigate
>Total FY 2023 budget allocation: $1.3 billion
>Total vehicles ordered: 1
>Type: Frigate

[in-text-ad-2]

Source: Public Domain / Wikimedia Commons

8. B-21 Raider
>Total FY 2023 budget allocation: $1.5 billion
>Total vehicles ordered: Classified
>Type: Bomber jet

Source: Public Domain / Wikimedia Commons

7. LPD Flight II
>Total FY 2023 budget allocation: $1.8 billion
>Total vehicles ordered: 1
>Type: San Antonio amphibious transport dock

[in-text-ad]

6. CH-53K King Stallion
>Total FY 2023 budget allocation: $1.86 billion
>Total vehicles ordered: 12
>Type: Heavy lift helicopter

Source: Public Domain / Wikimedia Commons

5. F-15EX Eagle II
>Total FY 2023 budget allocation: $1.9 billion
>Total vehicles ordered: 18
>Type: Fighter jet

Source: my_public_domain_photos / Flickr

4. KC-46 Tanker
>Total FY 2023 budget allocation: $2.7 billion
>Total vehicles ordered: 15
>Type: Aerial refueling and transport aircraft

[in-text-ad-2]

Source: national_museum_of_the_us_navy / Flickr

3. Virginia class submarine
>Total FY 2023 budget allocation: $5.6 billion
>Total vehicles ordered: 2
>Type: Nuclear submarine

Source: my_public_domain_photos / Flickr

2. F-35 Lightning II
>Total FY 2023 budget allocation: $7.2 billion
>Total vehicles ordered: 61
>Type: Fighter jet

[in-text-ad]

1. Arleigh-Burke destroyer
>Total FY 2023 budget allocation: $7.3 billion
>Total vehicles ordered: 2
>Type: Guided missile destroyer

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.