The US Department of Defense (DoD) submits its budget proposal to the US
Congress. After congressional hearings the Congress will amend the
proposed defense bill. The amended budget will be send to the President
who will sign into law. Than the budget is final and the DoD can award
the purchasing contracts to the manufacturers.
The FY 21 allocated budget wil be uploaded once the DoD budget request has been approved by
US Congress.
Fiscal years run from October 1st untill September 30th of the next
year. |