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Fiscal Year 2024 United States Army Annual Financial Report : Department of the Army , 2024

2024

Department of the Army

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From the report: "The United States (U.S.) Department of the Army (Army) consistently provides trained and ready forces for combat operations, while maintaining a standard of excellence. The Army must be innovative and highly adaptable to sustainably meet the demands of an uncertain future. To maintain our land power dominance, we continue concentrating our efforts on these strategic priorities—readiness, transformation and modernization, reform, and people—to ensure the U.S. Army is always ready, now and in the future. These strategic efforts are coupled with our enduring priorities to take care of our Soldiers, Civilians, and their Families; to re-commit to the Army values and warrior ethos that guide us; and to strengthen relationships with allies and partners.

The many demands on the Nation’s resources will put downward pressure on future defense budgets, forcing Army to continuously reassess our spending priorities to meet national objectives. The Army requires predictable resources to further improve readiness, transform and modernize the force, implement effective reforms, and protect our people. With consistent, strategy-based funding over time, the Army can increase capacity, train contingency forces, close critical modernization gaps, and rebuild installation and training infrastructure – all while maintaining excellence in the execution of current operations. The Army aims to achieve the objectives in the defense planning guidance, which is critical to the Army accomplishing assigned missions to a standard expected by the American people.

For fiscal year (FY) 2024, Army General Fund (GF) received $204,948 million in appropriated funds. The Army is a performance-based organization and, as such, is committed to working toward specific measurable goals derived from a defined mission to continually improve operations. The following discussion provides an evaluation of the FY 2024 Army GF performance aligned with the Army’s four principal strategic goals: readiness, transformation and modernization, reform, and people."

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Department of the Army

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