President Donald Trump signed the 2018 National Defense Authorization Act into law in an event held in the White House on Tuesday.  The bill represents a significant step toward ending the current continuing resolution spending the Defense Department has been trapped under since the start of the new fiscal year on November 1st, but the appropriations bill, which actually provides lines of accounting for the defense bill, has yet to be approved by Congress.

Once the appropriations bill passes as well, the 2018 NDAA will provide the Pentagon with a whopping $692 billion, with $626 billion for the department’s base budget and another $66 billion allocated for ongoing combat operations in theaters around the globe.

This historic legislation demonstrates our unwavering commitment to our men and women in uniform — the greatest fighting force in the history of the world — and we’re making it a lot better than even that,” Trump said before signing the bill.

The president went on to say that the legislation “represents a momentous step toward rebuilding our military and securing the future for our children.”

In his remarks, Trump seemed to extend an olive branch of sorts to Republican Senator John McCain, the chairman of the Senate Armed Services Committee, who has been a target of the president’s criticisms in the past.

I also want to thank Senator John McCain for the work he’s done on this bill. He has fought very, very hard to make it just the way he wants it and that we all want it.” He said.

Senior defense officials have been calling on lawmakers to provide not only an influx of funding, but more financial stability for years now.  Budget constraints, particularly under the Obama-era sequestration, significantly hindered the Defense Department’s ability to continue necessary maintenance and training operations through the past 16 years of warfare in multiple theaters.

In recent years, our military has undergone a series of deep budget cuts that have severely impacted our readiness, shrunk our capabilities and placed substantial burdens on our warfighters. History teaches us that when you weaken your defenses, you invite aggression.” Trump said.