The Pentagon announced its largest-ever budget request on Monday, calling on Congress to provide it with $842 billion for the next year.

The FY 2024 budget request is a 3.2% increase over FY 2023 and a 13.4% increase over FY 2022. Defense Department Deputy Secretary Kathleen Hick announced the budget request in a Monday briefing, citing the "seriousness" of the threats posed by Russia and China.

"This is the largest defense budget request in nominal terms that the United States has ever put forward. Thanks to relentless focus and senior leader attention over the last year, It's also the most strategy aligned budget in history," Hicks told reporters.

"Our greatest measure of success and the one we use around here. Most often is to make sure the [Peopple's Republic of China] leadership wakes up every day, considers the risks of aggression, and concludes today's not the day. And for them to think that today and every day between now and 2027, now in 2035, now and 2049 and beyond," she added.

This is a developing story. Check back soon for updates.