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Here’s what the Pentagon plans to do with its 'historic' budget increase

"This is a hard power budget, it is not a soft power budget... And that was done intentionally."

President Donald Trump gestures as he speaks to Navy and shipyard personnel aboard nuclear aircraft carrier Gerald R. Ford at Newport News Shipbuilding in Newport News, Va., Thursday, March 2, 2017. The ship which is still under construction is due to be delivered to the Navy later this year.

US President Donald Trump's budget proposal is in, and it calls for a "historic" $54 billion increase in defense spending, and an additional $30 billion in Overseas Contingency Operations spending this year.

"This is a hard power budget, it is not a soft power budget,” Mick Mulvaney told reporters at a Wednesday briefing. “And that was done intentionally. That’s what our allies can expect. That’s what our adversaries can expect.”

The Army wants $8.3 billion, which includes $871 million for increasing readiness, $1.3 billion for "enhanced and more realistic training," $2.8 billion to restore and modernize equipment in aviation, armor, drones, and air and missile defense systems, and another $1.2 billion for US combat commanders to fight ISIS.

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Additionally, more than $2 billion will go to addressing shortfalls, infrastructure readiness, and ammunition.

The Navy wants $8.3 billion to "drive rapid improvements in ship, aviation, and shore readiness."

This includes buying 24 F/A-18E/F Super Hornet strike fighters, increasing maintenance and spare parts, and adding 14,000 flight hours. The funding will also go towards increasing ship operations, information warfare, modernizing infrastructure, and providing services to sailors' families.

The Marine Corps, a part of the Navy, wants $1.1 billion to increase readiness and "mitigate critical gaps in combat power," such as addressing threats from drones and long range percision fires. The funding will also address troubles in Marine aviation.

The Air Force, at its smallest size in 70 years, requests $7.4 billion to grow the force by 4,000 airmen and address a "national pilot crisis," upgrade the F-16, build and improve existing infrastructure, and improve counter-drone operations.

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The force also wants to spend $690.5 million to procure five additional F-35s.

In total, Trump's proposed budget fits with his campaign promise to fix what he called a "crumbling" military. While the proposed defense budget represents a historic increase, the conditions that led to the military's depletion was historic as well — sequestration, which froze military spending at 2011 levels.

$758 billion dollars

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