The increased inflation pushed the national defense spending bill higher. The over $816 billion National Defense Authorization Act was signed into law last week by President Biden. The bill was $45 billion higher than originally requested to offset the record high inflation that the Untied States is currently experiencing. The bill also approved a nearly 5% pay raise for military and civilian members of the defense department.
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The Joint Systems Manufacturing Center getting a boost with the passage of the 2022 National Defense Authorization Act.