Pentagon needs an additional USD 12bln through 2031 to boost declining readiness rates of the F-35 fighter, Bloomberg reports

Pentagon needs an additional USD 12bln through 2031 to boost declining readiness rates of the F-35 fighter, Bloomberg reports.

This report highlights increased military spending requirements by the Pentagon, signaling a focus on national defense amidst rising tensions. Such budget adjustments may affect USD strength due to potential changes in fiscal policy and could have secondary effects on metals and defensive assets as markets react to shifts in government priorities.